Mixed Traffic Signals In September - IATA
Passenger traffic rose strongly in September but cargo traffic fell back, according to figures released on Monday by the International Air Transport Association.
Passenger traffic was 5.6 percent higher than the same month last year and stronger than the 4.6 percent year-on-year growth recorded in August, the figures showed.
But air freight posted a 2.7 percent contraction compared to September 2010 – a further deterioration from the 2.4 percent recorded in August.
"September's strength in passenger demand was a pleasant surprise," said IATA's Director General Tony Tyler.
"Freight demand contracted for the fifth consecutive month and this trend is in line with falling business and consumer confidence.
"We are still expecting a general weakening in passenger traffic as we head towards the year end."
International air travel volumes rebounded to levels reached in July following an August dip. The sharp decline in business confidence in most economies and the weakness in US and European consumer confidence suggest reluctance for business and leisure travel.
IATA said that continuing strong air travel markets might reflect robust economic conditions in emerging markets and flights booked earlier in the year when there was more optimism.