Growth in air traffic gets slow in august as this has been noticed. Since we know that this year rebounds due to economic downturn lost stream as said by IATA. Passenger’s air traffic in the month of august was 6.4 percent higher than previous year against a 9.5 percent year-on-year. Increase in July and freight traffic has been also affected to its largest extent.
The aggressive growth in demands seen earlier this year is far behind us. The slowdown of demand is consistent with our forecast for a tougher end to 2010. The government stimulus organizations are running without having any improvement in employment said IATA Director General Giovanni Bisignani. IATA is a global and very big organization this represents near about 230 airlines all across the world.
The second half of the 2010, Slower demands growth was expected to continue into next year. They also added that the result will not come because the capacity is faster than demand. Global passenger traffic was above two percent higher than in the year 2008.
This type of data accumulation is very necessary for the future study of up and down to be studied.
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