Tony Tyler, IATA's director general and CEO, said, "The disruptive impacts of the Brussels terror attacks will likely be short-lived. Soon after the Brussels attack, the stocks of major European airlines including Air France-KLM, Turkish Airlines and Norwegian airlines tumbled. IATA estimates that, absent the impact of the attacks, demand growth would have been around 5%." The domestic air passsenger traffic grew 21.8% in April, the straight 20th month of double-digit growth, even as international growth faltered on terrorist attack in Brussels. There are some longer-term clouds over the pace of demand growth.

Source: dna May 31, 2016 01:41 UTC