GENEVA, Mar 1 (GCTL) - The International Air Transport Association (IATA) reports in its monthly bulletin that international freight traffic, "bolstered by renewed strength in the global economy," continued its recent recovery with 5.3 percent growth for January.
“The story for January was freight which is starting to show a definite strengthening trend following the disappointing 3.2 percent growth of 2005. This is the first time in a year we have seen two consecutive months of freight traffic growth above five percent which points to a resurgent world economy,” said IATA’s Director General and CEO, Giovanni Bisignani, in a statement.
The industry is on track with 2006 growth expectations of five to six percent for freight traffic, he added.
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