IATA announces international scheduled traffic results

The International Air Transport Association (IATA) has announced international scheduled traffic results for January showing an 8.2 per cent increase in passenger traffic and 9.1 per cent growth in air freight compared to January 2010.

By January 2011, air travel volumes were 18 per cent higher compared to the low point reached in early 2009 and some six per cent above the pre-recession peak of early 2008.

Air freight in January was 39 per cent above the low point reached at the end of 2009 and some six per cent above the pre-recession peak of early 2008.

Freight, however, has fallen two per cent since its May 2010 peak at the height of the re-stocking bubble.