Giovanni Bisignani Traffic Quotations

Freight and passenger traffic are forecast to grow in the 5 to 6 per cent range during the year but the industry is projected to record another loss of over US$4 billion for 2006.

The story for January was freight which is starting to show a definite strengthening trend following the disappointing 3.2% growth of 2005. This is the first time in a year we have seen two consecutive months of freight traffic growth above 5% which points to a resurgent world economy.

This is the first time in a year we have seen two consecutive months of freight traffic growth above 5% which points to a resurgent world economy.