Air travel growth slows in Mar-2011 with 2Q likely to remain depressed; 2H rebound likely: IATA
Growth in international air travel slowed in Mar-2011 as the Japanese earthquake and political turmoil in the Middle East and North Africa stalled the previously strong growth in air travel on international markets, IATA said. The Association warned that the second quarter would likely see “continued depressed air travel markets” due to these events.