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Passenger air traffic rose 8.6% and cargo demand rose 5.2% in February from the previous year,...

Apr. 03, 2012 5:04 AM ETFAABy: Rachael Granby, SA News Editor
Passenger 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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