Economy of the European Union

April 8, 2013 - 11:10am

Demand for air travel continues to surge worldwide as emerging markets led another strong month of traffic growth in February. International Air Transport Association (IATA) data released last week shows that passenger demand rose 3.7 percent during the month compared with February 2012. According to IATA, since last October passenger demand has grown at an annualized rate of 9 percent, almost double the growth trend over the first nine months of 2012.

 
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