Skift Take
Economic growth or lack of it is mirrored in air travel, and the "Asia Rising" story may be turning around, while Europe comes out of recession and U.S. business confidence increases.
Not that there was any doubt that economic growth and connectivity go hand in hand, but the latest July air travel numbers from IATA outline them even more clearly: even as global air travel overall revenues were up about 5.0 percent in July this year compared to last year, the regional economies are turning and so is air travel. The big story of emerging markets driving growth over the last few years as developed economies stagnate could be shifting, the numbers for July show.
China's economic growth is slowing as it is air travel, and India's in negative territory, with its near ter
