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Passenger air traffic rose 8.6% and cargo demand rose 5.2% in February from the previous year,...
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Tuesday, April 3, 2012, 5:04 AM ETPassenger air traffic rose 8.6% and cargo demand rose 5.2% in February from the previous year, says the IATA, but several factors inflated the results, including weaker traffic during the Arab Spring a year ago. "The outlook is fragile... Weak economic conditions and rising fuel costs are a double-whammy that an industry anticipating a 0.5% margin can ill-afford."
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