Passenger Traffic Hits a Speed Bump in June: IATA | Aviation International News

Passenger Traffic Hits a Speed Bump in June: IATA

June traffic statistics released by the International Air Transport Association (IATA) showed a slight softening in demand for both air travel and freight

Brazil’s 15.1-percent growth in traffic demand led all domestic markets in June. (Photo: Airbus)

By Gregory Polek • Senior Editor

September 2, 2011

June traffic statistics released by the International Air Transport Association (IATA) showed a slight softening in demand for both air travel and freight markets. Compared with June 2010, passenger demand increased 4.4 percent while freight demand declined by 3 percent.

While the trend for passenger travel remains positive, growth has slowed from the post-recession rebound, during which airlines witnessed annual rate gains of close to 10 percent. The drag reflects slower economic growth and increased costs resulting from higher jet fuel prices, and increased taxation in some countries, said IATA.

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