Passenger traffic continues to post strong growth numbers with airports worldwide reporting overall year-over-year growth of 6% for the month of March, and for the first quarter of 2012. While double-digit growth was observed in the regions of Middle East, Asia-Pacific and Africa, demand for air travel was significantly depressed in a number of countries in these regions during the same period of 2011 as a result of political and social unrest. Nevertheless, from April 2011 to March 2012, the total volume of passenger traffic has increased by more than 5% for the twelve month period. This is strong indicator of resilience in demand for air transport over short run political and economic shocks.
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