Global airline recovery to suffer from volcano chaos
30 April 2010European airlines are likely to be hit the hardest by a dip in the recovery for global air travel caused by the Iceland volcanic ash shutdown.
Latest International Air Transport Association data showed that passenger traffic rose 10.3 percent in March, while air freight grew 28.1 percent year-on-year as the recovery from the economic crisis accelerated. But European carriers lagged behind the global average with just six percent growth in March.
“‘The strong traffic recovery is expected to show a dip in April as a result of the eruption of an Icelandic volcano … that saw the shutdown of large portions of European airspace over a six-day period,'” IATA said.
source: AFP
12 April of 2011 at 12:44
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