4 Oct 2011

Little prospect of aviation recovery - IATA

11:52 am on 4 October 2011

The International Air Transport Association says there's not much hope on the horizon for an aviation recovery.

IATA's latest traffic report says passenger numbers are gaining, but not as quickly as before, and the trend is down.

Cargo is falling fast, with a decline of 3.8% last month.

Director general Tony Tyler says there's little hope of an improvement and airlines face falling profits.