IATA: Airlines carry less cargo, fewer people in June

Airlines carried 16.5 percent less cargo and 7.2 percent fewer people in June than in the same month a year ago, with no sign yet of the global recession lifting, an industry body said on Thursday.
In its latest monthly reading of cross-border traffic, the International Air Transport Association said it could take years for air freight — a leading indicator for the health of world trade — to return to 2008 levels.
"These are extremely challenging times for airlines. There are no signs of an early economic recovery," IATA said in a statement. "The outlook looks bleak."