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73. Europe Now Leading Global Tourism Growth
Growth in Asia and the Pacific (+5%) was in line with the world average, but slightly below previous prospects. Asia, and in particular North-East Asia, suffered the impact of the earthquake and tsunami in Japan which affected both its inbound and outbound travel as well as intra-regional travel from other markets.
74. IATA Reports May 2011 Global Airline Traffic
IATA’s traffic results for May 2011 show a 6.8% increase in passenger traffic over May 2010. This is 4% higher than the beginning of the year. Freight traffic showed a drop of 4% against the post-recession peak of the re-stocking cycle in May 2010. However, recent months show a renewed upward trend with freight volumes 2% higher than the start of the year.

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