Airlines record global growth

People are returning to international air travel, with IATA reporting a 38% increase in global passenger numbers last month compared to May 2003.

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By  Neil Denslow Published  June 29, 2004

People are returning to international air travel, with IATA reporting a 38% increase in global passenger numbers last month compared to May 2003. All areas of the world saw growth, but Asia was top with passenger traffic up 108% over last May, as airlines bounced back from the impact of SARS. Overall, passenger traffic for the first five months of 2004 was up 19.4% on 2003, cargo was also up by 12.2%. These growth figures were boosted by last year’s slumps caused by SARS and war crises, but there is also clear improvements on 2000's figures. Compared to the same five months four years ago, global passenger and cargo traffic have risen 8.8% and 13.6% respectively. “Traffic growth for the first five months of 2004 is testimony to the resilience of air transport. Not only have we fully recovered from the impact of SARS and war in Iraq, all major regions of the world are reporting traffic levels above those of 2000 — the last normal year for our industry," said Giovanni Bisignani, director general & CEO, International Air Transport Association (IATA).

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