Feb 26, 1998, 12:01 AM
News Code: 9120970
0 Persons
study iata says drop, to likely traffic air asia-pacific turbulence economic and financial the -- irna 26, .feb delhi, new a have to likely is 1997 in markets asia-pacific the in witnessed .years two-three next the in growth traffic air the on impact major air term medium" on today here released study a to according international the by undertaken ,"2001 of forecasts growth traffic asia-pacific, for rate growth the ,(iata) association transport air to down scaled been has annum per cent per 7.7 at projected earlier per cent per 5.6 to cent per 9 from and passengers for cent per 4.4 .traffic cargo for year expected are passengers fewer million 30 numbers, into converted .forecast earlier the in estimated than 2001 in travel to airline on crisis the of impact the that out points also study the carriers all for 1998 in billion 5.1 usd of excess in be will profits operating carriers all for billion 2 usd estimated an with surveyed, .region the within from to, were malaysia and thailand taiwan, korea, south in markets while china in markets rates, growth of terms in affected most be to seen .affected least the were japan and issued realese press a study, iata the on commenting meanwhile, capacity at look fresh a said india' 'air carrier national the by here .study the of light in warranted was market indian the in growth to lead would traffic in downturn the that added release the have governments many as region the in capacities surplus increased the on years few next the over capacity in increase gradual cleared .forecasts earlier of basis aa/hm end