AVIATION RECOVERY
May 1st, 2002
BY ALAN OSBORNIN a further sign of recovery from the fraught conditions of 2001, the Association of European Airlines has reported that air traffic in the European market rose by 2.8 per cent in the week to May 12th. This marked only the third weekly gain since the sharp fall in civil aviation which followed the political and military turbulence of last year.This pattern of slump caused by such an international crisis, followed by a prolonged period of relative recovery, is a familiar one. In the past few decades, in every case traffic has recovered to pre-crisis ...
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