NYTimes.com Article: Global Airline Traffic Rebounds From SARS

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



This article from NYTimes.com
has been sent to you by psa188@xxxxxxxxx


/-------------------- advertisement -----------------------\

Explore more of Starbucks at Starbucks.com.
http://www.starbucks.com/default.asp?ci=1015
\----------------------------------------------------------/

Global Airline Traffic Rebounds From SARS

August 4, 2003
 By THE ASSOCIATED PRESS






Filed at 8:37 a.m. ET

HONG KONG (AP) -- Airline traffic worldwide picked up
sharply in June but remains depressed following the SARS
crisis, and a full recovery will take time, a leading
industry official said Monday.

``The worst is over, but the road to recovery will be
long,'' said Giovanni Bisignani, director general of the
International Air Transport Association.

Bisignani predicted traffic this year will show a drop of 2
percent compared with 2002. He stuck by IATA's latest
prediction that airlines will lose $6.5 billion for the
year, with $4 billion of the total due to SARS. Traffic
also was affected by the Iraq war.

International air traffic was down 11.8 percent in June
compared with the same month a year earlier, but that
showed a marked improvement from the 21 percent traffic
plunge in May, according to the Geneva-based IATA.

Asia-Pacific airlines, which were hit hardest by SARS, saw
a 35.8 percent dive in traffic during June, compared with a
plunge of 55 percent in May.

Severe acute respiratory syndrome sickened more than 8,400
people and killed more than 800, most of them in Asia. It
has been declared under control, and airlines are
rebuilding schedules.

``The industry turned the corner in June,'' Bisignani said.
``Although we are still well below where we were at the
same time last year, travelers are returning.''

Bisignani said pent-up demand is helping, as is the summer
vacation season in the northern hemisphere. Many airlines
also have offered a variety of discounts to lure back the
travelers.

http://www.nytimes.com/aponline/business/AP-Airlines-SARS.html?ex=1061006267&ei=1&en=d3a2fc3b711a8427


---------------------------------

Get Home Delivery of The New York Times Newspaper. Imagine
reading The New York Times any time & anywhere you like!
Leisurely catch up on events & expand your horizons. Enjoy
now for 50% off Home Delivery! Click here:

http://www.nytimes.com/ads/nytcirc/index.html



HOW TO ADVERTISE
---------------------------------
For information on advertising in e-mail newsletters
or other creative advertising opportunities with The
New York Times on the Web, please contact
onlinesales@xxxxxxxxxxx or visit our online media
kit at http://www.nytimes.com/adinfo

For general information about NYTimes.com, write to
help@xxxxxxxxxxxx

Copyright 2003 The New York Times Company

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]