"World air traffic to grow next year: ICAO"

Sunday, November 3, 2002

World air traffic to grow next year: ICAO 
NDTV


New Delhi - Claiming that world air passenger traffic had stabilised a
year after the 9/11 terror strikes, the International Civil Aviation
Organisation (ICAO) has forecast it would "rebound" next year and show a
"robust growth" in 2004.

Assuming continuation of restored consumer confidence and a stable
economic and operating environment, global scheduled passenger traffic
growth could be expected to proceed at five per cent per annum, ICAO
said in its latest survey. 

This would be back in line with the pre-2001 trend projections.

The share of world passenger traffic by North American carriers was
expected to decline. 

But, according to the report, those of Africa, Asia-Pacific and West
Asia have managed to achieve at least minimal growth in 2001. And an
increased growth was anticipated for them from 2002 onwards.

The world aviation body had earlier ratified new international security
standards and a programme for mandatory aviation security audits in all
188 member-states including India.


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