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Middle East unrest slows aviation growth

Middle East unrest slows aviation growth

29 March 2011 Airline News

Political unrest slowed global aviation growth during February, according to the latest figures from the International Air Transport Association. Scheduled international traffic for the month increased of by six and 2.3 per cent respectively for passenger and cargo demand compared to February 2010.

IATA issues gloomy forecast for global aviation

IATA issues gloomy forecast for global aviation

3 March 2011 Airline News

Airlines can expect to generate profits of $8.6 billion in 2011 according to the International Air Transport Association, significantly less than originally forecast. As late as December IATA – which represents some 230 airlines – was arguing carriers around the world would make $9.1 billion in profits.