Airfreight market yet to recover from September 11

WORLD MARKETS, particularly the US, have yet to recover fully one year after the September 11 attacks. That's the finding of a study by OAG, the Official Airline Guides publisher, which collects the schedules of more than 850 airlines. Internet news service Schednet reports that according to the airline schedules for August, the US market continues to be the hardest hit with the number of flights to and from the US down 8% and domestic flights down 7%. However, August numbers are still a significant improvement on the figures immediately after the attacks when both international and domestic flights were down by 16%. Worldwide there were only 4% fewer flights in August than pre-September 11. In the immediate aftermath of the attacks the number of flights worldwide fell by 10%.