Wednesday, October 27, 2010

African airline passenger demand up 16% in September.

African carriers reported a 16% growth in demand in September 2010 over the previous September against a 10.1% increase in capacity. The region is now 7% higher than the pre-recession levels of early 2008, the International Air Transport Association (IATA) said Tuesday.

Releasing its international traffic results for September, IATA said international passenger traffic had a 10.5% year-on-year increase which is significantly stronger than the 6.5% rise recorded for August. Meanwhile, international freight traffic recorded a 14.8% year-on-year increase, which is significantly weaker than the 19.0% rise recorded in August.

As international air cargo accounts for 35% of the value of goods traded globally, it is a leading indicator of economic activity.

http://www.businessday.co.za/articles/Content.aspx?id=124910

http://www.directinvestment.biz

No comments:

Post a Comment