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Wed, Feb 02, 2005

Aero-News Quote Of The Day (02.02.05)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"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.

FMI: www.iata.org

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