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Rapid rebounds thing of the past, warns IATA.
Monday, 22nd August 2016
Source : Martin Kelly

Evidence is amassing that repeated terrorism attacks may have have long lasting impact on global travel as airline demand begins to ease after months of global turmoil, the International Air Transport Association (IATA) has warned.

"The demand for travel continues to increase, but at a slower pace,"
said Tony Tyler, IATA’s Director General and CEO.

"The fragile and uncertain economic backdrop, political shocks and a wave of terrorist attacks are all contributing to a softer demand environment."

Growth was slowest in Europe during June where demand rose 2.1%, "reflecting the negative impact of recent terrorism.

"While demand tends to recover reasonably quickly after such events, the repeated nature of the attacks may have a more lasting impact."

Capacity climbed 3.4% and load factor slipped 1.1% percentage points to 83.3%.

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