But other observers think it is too early to celebrate just yet. Giovanni Bisignani, the director-general of IATA, the trade body that represents the interests of many of the world's airlines, warns that despite all the talk of reducing capacity, it is still growing faster than demand. IATA's figures for June show global capacity rising by 5.5%, whereas passenger growth hit a five-year low of 3.8%. Even in North America, capacity grew faster than traffic.
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Even in North America, capacity grew faster than traffic.
即使在北美地区，运力的增加也已经超过了乘客的增长。
Even in North America, their businesses could continue to make vehicles as they shed costs and renegotiated contracts.
即便就在北美，只要他们削减成本，重新拟定合同，也照样能继续生产汽车。
Even as telecom carriers in North America work on rolling out their 3g networks nationwide, Europe seems to be ready to take the next step.
当北美电信运营商正致力于在全国范围内铺设3 G网络时，欧洲似乎已准备好了迈向下一步。
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