After years of almost nothing but bad news coming from the international aviation industry, there’s finally something upbeat to report. In the month of May, both international passenger and freight traffic moved ahead of pre-recession levels. The International Air Transport Association (IATA) reported an 11.7% increase in passenger traffic and a 34.3% jump in freight demand compared to May 2009.
With airlines closely watching capacity growth, they are filling close to 80% of available seats, a near record level. Now if they could only get corporations to once again start paying 10 times the price of an economy seat for the big seats up front, everything would
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