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Air traffic rose 12 per cent in June
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Singapore (2010-07-30)
INTERNATIONAL passenger demand rose 11.9 per cent in June, compared with June 2008, an increase IATA said was significant considering only a slight improvement in capacity.
Passenger load factors were in the high 79.8 per cent.
"The industry continues to recover faster than expected, but with sharp regional differences. Europe is recovering at half the speed of Asia with passenger growth of 7.8 per cent compared to the 15.5 per cent growth in Asia-Pacific," said Giovanni Bisignani, IATA's director general and CEO.
Bisignani added that he expected business confidence to remain high, but that there could be a slowdown in the coming months. This could be a result of government stimulus packages easing off and the completion of restocking.
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