IATA's year-end traffic report released yesterday indicates that international passenger traffic rose 7.6% in 2005 and freight traffic grew 3.2%, but the industry is expected to have lost $6 billion despite the improvement on large losses among US airlines (ATWOnline, Dec. 15). "Growth and profitability are completely different concepts," IATA DG and CEO Giovanni Bisignani said. Passenger capacity climbed 6.3% over 2004 and load factor increased 0.9 point to 75.1%. The Middle East, up 13.1% ...

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