Passenger traffic growth slowest for 4 years
January saw a slowing of global passenger traffic growth, partly affected by the later Lunar New Year in 2018, an IATA report showed. Passenger traffic grew 4.6%t in January, from the year ago period, the slowest year-on-year increase in almost four years, IATA reported in its monthly update. The Lunar New Year travel period holiday represented around two-fifths of the slowdown for the month. Regionally, Europe returned the highest rate of passenger traffic, 6.4%, measured in revenue passenger kms. Asia Pacific was second on 5.4% growth and Latin America third with 5.0%. North American pax traffic grew by 3.5% in January. The Middle East’s growth moderated during the month, with just a 0.8% increase in traffic, the lowest of any region. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-03-12/general/passenger-traffic-growth-slowest-for-4-years
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Passenger traffic growth slowest for 4 years
January saw a slowing of global passenger traffic growth, partly affected by the later Lunar New Year in 2018, an IATA report showed. Passenger traffic grew 4.6%t in January, from the year ago period, the slowest year-on-year increase in almost four years, IATA reported in its monthly update. The Lunar New Year travel period holiday represented around two-fifths of the slowdown for the month. Regionally, Europe returned the highest rate of passenger traffic, 6.4%, measured in revenue passenger kms. Asia Pacific was second on 5.4% growth and Latin America third with 5.0%. North American pax traffic grew by 3.5% in January. The Middle East’s growth moderated during the month, with just a 0.8% increase in traffic, the lowest of any region. <br/>
