Flights cancelled, air travel may dip

Agencies, Corporate Bureau
Posted: Saturday, Nov 29, 2008 at 0052 hrs IST
Updated: Saturday, Nov 29, 2008 at 0052 hrs IST

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Mumbai: of cargo carried by the aviation sector grew modestly by 5.7% over the second quarter of 2007-08, the figures showed.

Commenting on the declining traffic, IATA CEO and DG Giovanni Bisignani warned, “the gloom continues and the situation of the industry remains critical...The slight slowing of decline in passenger traffic is likely to be temporary and the deepening slump in cargo markets is a clear indication that the worst is yet to come.”...

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