United

End to re-stocking will slow growth - IATA

Latest News
Friday, 22 October 2010

The International Air Transport Association (IATA) has warned there are prospects for only moderate economic growth next year and a "more subdued US$5.3 billion industry profit outlook for 2011" compared to its US$8.9 billion industry profit forecast for full year 2010.

IATA says 70 per cent of respondents to its latest 'Business Confidence Index' quarterly survey of airline cfos and cargo heads reported increases in passenger demand and more than 75 per cent reported cargo increases.

However, expectations for further improvements in demand in the next 12 months appear to be moderating rather than accelerating, IATA said.

"Re-stocking activity, which stimulated freight traffic, has drawn to a close," the report stated.

 

HACTL
Cathay Cargo
United

End to re-stocking will slow growth - IATA

Latest News
Friday, 22 October 2010

The International Air Transport Association (IATA) has warned there are prospects for only moderate economic growth next year and a "more subdued US$5.3 billion industry profit outlook for 2011" compared to its US$8.9 billion industry profit forecast for full year 2010.

IATA says 70 per cent of respondents to its latest 'Business Confidence Index' quarterly survey of airline cfos and cargo heads reported increases in passenger demand and more than 75 per cent reported cargo increases.

However, expectations for further improvements in demand in the next 12 months appear to be moderating rather than accelerating, IATA said.

"Re-stocking activity, which stimulated freight traffic, has drawn to a close," the report stated.

 

HACTL
Cathay Cargo
HACTL
Cathay Cargo