Passenger traffic decrease - Switzerland - The smallest monthly
IATA figures show MidEast still highest growth air cargo market
Geneva,Switzerland -IATA (PR)/Transport Intelligence (UK) -3 Oct 2006: -- The International Air Transport Association (IATA) has reported 4.8% year-on-year growth in international passenger traffic for August 2006... This is the smallest monthly passenger traffic increase since the end of 2003 and marks the fourth consecutive month of declining growth in passenger demand. International freight traffic rose 4.7%, rebounding from 3.7% growth recorded in July, but below the historic long-term average growth of 6.0%... For the first eight months of the year, passenger demand grew by 6.1% and freight by 5.2% over the same period in 2005... The Middle East led all regions with August demand growth for passenger traffic at 11.9% and for cargo at 13.1%. Strong growth in Africa continued with the region registering 8.9% and 10.6% traffic increases for passenger and freight respectively. Restructuring in Latin America led to a demand decline of 8.5% for passenger and a 1.1% gain for freight. European growth remained stable at 3.5% for passenger and 2.6% for freight. North America meanwhile recorded increases of 5.8% and 4.6% respectively...
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