Passenger Traffic Robust, But Cargo Sluggish, Says IATA

Global passenger traffic grew 5.9 per cent in April compared with the previous year, according to the latest IATA data.

Global passenger traffic grew 5.9 per cent in April compared with the previous year, according to the latest IATA data.

Demand for domestic travel rose 7.2 per cent on April 2014 figures, stronger than the 5.2 per cent surge in demand for international travel.

The Asia-Pacific and Middle East regions saw the biggest increase in demand, growing nine per cent and 8.2 per cent respectively.

While cargo demand grew by 3.3 per cent in April compared with the previous year, there has been no overall volume growth since the end of last year.

Tony Tyler, IATA’s CEO, said momentum in air freight growth is being lost due to the slowing of world trade compared to domestic production and the weakening of “crucial” Asia-Pacific and Europe air cargo markets.

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