July 4th, 2019 6:29 PM 0 COMMENTS

Global Passenger Traffic Reports a Year-on-Year Growth of 4.5%: IATA

The global passenger traffic for May 2019 has shown a year-on-year growth of 4.5%, says the International Air Transport Association (IATA). Although this is a growth from the last two months, it remains lesser than the 20-year average growth rate of 5.5%. The airline capacity climbed by 2.7%, and the passenger load factor increased by 1.4% to 81.5%. Passenger demand growth has slowed compared to the past two years. This... Read More

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