Friday, December 31, 2010

Nov. Int'l. Air Traffic 4% Above Pre-Recession Level

Geneva -- "The International Air Transport Association (IATA) announced international scheduled traffic results for November showing 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight.  November saw traffic growth slow from the 10% increase recorded in the passenger business and the 14.5% growth in freight in October. The slowdown in 2010 is partially skewed because of the exceptionally rapid rise in traffic volumes recorded during the fourth quarter of 2009. This slower growth does not necessarily signal a negative trend. Even with the decline in November, passenger and freight traffic are still expanding at annualized rates of between 5-6% which is in line with the industry‚Äôs historical growth trend."

Highlights of the November report include:

1. The level of international air travel is now 4% above the pre-recession peak of early 2008.

2. November passenger traffic levels for North American carriers equaled the pre-recession levels of early 2008.

3. On a year-to-date basis, passenger traffic in 2010 is 8.5% above the same period last year, and freight volume is above 2009 by 21.9%. 

5 Comments:

At 12/31/2010 2:11 PM, Blogger juandos said...

"...announced international scheduled traffic results for November showing 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight"...

Well as someone who is helping those folks get to their international flights out of the country the phrase, "rats leaving a sinking ship" comes to mind relentlessly...

Orientals and middle easterners are fleeing in vast numbers and taking their personal belongings with them it seems from my point of view...

 
At 12/31/2010 3:35 PM, Blogger Benjamin said...

Jaundos-
Did that gun of yours misfire into your head this morning?
What is the meaning your post, which is a whacky one, even by your standards.

 
At 12/31/2010 4:06 PM, Blogger juandos said...

Ahhh, pseudo benny I should've guessed that English wasn't your first language...

Try using Google language tools and the help of an adult to figure it out...

 
At 1/01/2011 11:17 AM, Blogger sethstorm said...


Well as someone who is helping those folks get to their international flights out of the country the phrase, "rats leaving a sinking ship" comes to mind relentlessly...

Orientals and middle easterners are fleeing in vast numbers and taking their personal belongings with them it seems from my point of view...

Good riddance to them. Unfortunately they cant take real estate from them, and it is prohibitively expensive for vehicles. That leaves that much more for US citizens that don't want to leave.

Rats, yes. Sinking ship, no.



I wonder how many government contractors have people on those flights for some conference or for the ability to not have to move(unlike the private sector). Never mind the countless amounts of tax dollars that they use as if the plane was a second car.

 
At 1/03/2011 2:00 PM, Blogger Family Man said...

HK cargo tonnage already above 2007 peak level.(HACTL is world's leading air cargo)
http://www.hactl.com/en/mediactr/press20101203.htm
And here is explanation of Asia - EM trade growth."One notable fact has been that the growth of trade between Latin America and Asia has outpaced trade growth between all other regions of the world".
http://alturl.com/4ybpg

 

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