IATA Passenger Traffic Up, But Profits Could Be 'Pathetic'

Worldwide passenger traffic rose by 4% in the first five months of 2011, while freight traffic grew 2%, the latest data from IATA show. Compared with May 2010, passenger traffic grew by 6.8% in May, IATA says. This breaks out into an 8% gain for international traffic and 4.8% for domestic traffic...

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