Economic rebound could be running out of steam but traffic above pre-crisis levels

There was some rebound in air travel and freight volumes in Apr-2011, following the demand shocks from Japan and MENA in the preceding two months, according to IATA. The seasonally adjusted level of air travel (RPK) indicates that worldwide air travel volumes are now 5% above pre-recession levels, although for the past nine months have shown little further improvement, as the trend in global traffic has remained flat. This has raised concern that the post-recession rebound has run out of steam.