Airlines Gain From Slow Global Recovery - IATA

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    Airlines Gain From Slow Global Recovery - IATA:)

    The International Air Transport Association (IATA) said on Thursday the global economy was recovering more slowly than expected, but was inching upward based on air traffic data, a key barometer of growth.

    High oil prices, the crisis in the Middle East and Japan's earthquake and tsunami dented growth, but the global economy appeared to be slowly overcoming the effects, said Giovanni Bisignani, director general of the global air industry body.

    "From the numbers, the recovery is moving," he told a news conference in Singapore.

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