"The traffic recovery in 2004 was phenomenal across all regions.
The challenge for 2005 is to turn traffic growth into profitability
with improved cost efficiency across the industry's value
chain."
Source: Giovanni Bisignani, the Director General
of the International Air Transport Association (IATA). He said on
Tuesday that 2004 full year international scheduled passenger
traffic increased 15.3% and cargo traffic 13.4% over 2003
levels.
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