International Air Travel Is on the Rise
Economic uncertainty has no effect international air travelers
In April, international air travel rose 7.4 percent compare to the last year’s report, the International Air Transport Association said on Wednesday.
There were more passengers on international routes this year compare to unusually low level in 2011. It was a result of turmoil in Arab countries and an earthquake and tsunami in Japan disrupted travel.
As said Geneva-based IATA's Director General Tony Tyler, the rise in passenger traffic was encouraging, adding that factors such as high fuel costs were still a worry for airlines. "Passenger growth comes against an environment of continuing high oil prices and growing economic uncertainty. So translating the stronger demand into profits will be difficult," he said.
IATA airlines, which include major global carriers and most domestic operators but not low-cost airlines, account for 84 percent of world traffic. "It is possible to identify the start of a growth trend in cargo for some parts of the world. But economic uncertainty in Europe makes it very difficult to be optimistic in the near to medium-term," said Tyler.
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