Saturday, December 31, 2011

Air travel slows in November globally, domestic levels up in India - IATA

Geneva: International air passenger traffic fell by 1.5 percent in November compared with October, although it remained 4.0 percent up on November 2010, the International Air Transport Association (IATA) said on Friday.
In its monthly report on air industry activity, IATA said the international travel market had grown only 0.5 percent since May, although domestic air travel had increased more strongly.
The international passenger market has grown fastest in Latin America, Europe and the Middle East this year. But Europe has slowed sharply, with year-on-year growth of 4.9 percent in November, barely half the 9.5 percent in the year to date.
The global air travel market, including both domestic and international flights, shrank by 0.5 percent from October but remained 4.3 percent up from November 2010, IATA said.
IATA represents 240 airlines comprising 84 percent of global air traffic, including British Airways owner International Airlines Group, Air China, American Airlinesand Deutsche Post DHL.
Domestic air travel in China, India and Australia grew in November, offsetting some of the decline in international travel. China's domestic market has grown 17.2 percent in the past year, partly because of a weak November 2010.
30/12/11 Reuters/Economic Times
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