Reports: Global traffic up slightly for October, down 3.1% for the year

12/22/2009 | Wall Street Journal, The · Air Transport World

An international airline group reported that cross-border traffic increased 0.2% in October, although premium traffic fell 9.3% compared with a year earlier. Meanwhile, ICAO, the U.N.'s aviation body, said full-year traffic was off 3.1% for airlines around the world, the "largest [drop] on record." It was a tough year, ICAO noted, with the world's GDP declining for the first time since 1929. For next year, the agency sees a "moderate" traffic increase of 3.3%, followed by a "full recovery" in 2011, with traffic up 5.5%.

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Wall Street Journal, The · Air Transport World

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