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Global airline passenger traffic growth slowed considerably in 2008

1 February 2009

Global airline passenger traffic growth slowed in 2008 with North American demand falling in December by 4.3 per cent, the International Air Transport Association says.

Overall annual demand increased 1.6 per cent, down from 7.4 per cent recorded in 2007, IATA said Friday.

Capacity grew by 3.5 per cent, resulting in a full-year average load factor or percentage of filled seats of 75.9 per cent, down from 77.3 per cent a year earlier.

source: The Canadian Press

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