The Sticking Points are Europe and the USA |
|
This has been consistently the projection since the last Quarter of 2009. |
The European numbers are untouched by April's flight cancellations but Europe in the third Quarter is expected to grow by no more than a couple of percentage points and that is with considerable support from a buoyant Turkey. |
A couple of percentage points forecast for the USA is sincerely to be wished for. Domestic demand is stuck and will remain stuck until new jobs flow through into lower saving and higher spending. |
|
|
|
|
|
|
Asia/Pacific Continues to Grow Strongly |
|
- internationals are expected to rise by over 10% points this year |
|
The USA Continues to Disappoint |
|
- no real signs of recovery yet |
|
Low Cost Carriers Hit Hard in April |
|
- LCC's are most likely to rebound strongly from April's trough |