Giovanni Bisignani Growth Quotations

The story for January was freight which is starting to show a definite strengthening trend following the disappointing 3.2% growth of 2005. This is the first time in a year we have seen two consecutive months of freight traffic growth above 5% which points to a resurgent world economy.

February, traditionally the slowest month for international traffic, brought both good news and solid growth. The recovery in freight has stretched to three months with growth of over 5 percent resulting from strength in international trade.

This is the first time in a year we have seen two consecutive months of freight traffic growth above 5% which points to a resurgent world economy.

The industry is on track with 2006 growth expectations of 5-6 percent for both freight and passenger traffic.

The industry is returning to a more normal growth pattern after the shocks that began in 2001.

The growth is there, the issue is how we can make this growth into a profitable industry. The solution is increasing efficiency of airlines, increasing the load factor and handling better capacity.