Global air traffic falls 2.4% in April - - Volcano dents recovery
May 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The International Air Transport Association (IATA) announced today that in April passenger demand slumped by 2.4% as a result of massive flight cancellations centered in Europe during the six days in April following the eruptions of an Icelandic volcano. The fall in traffic interrupted the industry’s recovery from the global financial crisis.