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  • Business Travel News Supplier DirectorySUPPLIER DIRECTORY

IATA Reports Double-Digit Growth In Global Air Demand For June

By Jay Boehmer / July 28, 2010 / Contact Reporter
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Worldwide international air travel demand grew by nearly 12 percent in June, the International Air Transport Association reported on Wednesday, noting particular strength in Asian, Middle Eastern and Latin American traffic. IATA, however, warned the pace of traffic recovery could slow in the coming months.

Though below the average worldwide rate, international traffic on North American airlines grew nearly 11 percent in June, while European carriers continue to lag those in all other regions.

"The industry continues to recover faster than expected, but with sharp regional differences," IATA director general and CEO Giovanni Bisignani said. "Europe is recovering at half the speed of Asia with passenger growth of 7.8 percent compared to the 15.5 percent growth in Asia/Pacific."

Though he called the overall traffic recovery encouraging, Bisignani said he expects the pace of international passenger growth to tail off. "The question is how long can the industry maintain the double-digit momentum," he said. "Business confidence remains high, and there is no indication that the recovery will stall any time soon. But, with government stimulus packages tailing off and restocking largely completed, we do expect some slowing over the months ahead."

Among the peak performers in June, Middle Eastern carriers posted international demand growth of 18 percent, while Latin American carriers saw international passenger traffic grow by nearly 15 percent.

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