Global passenger traffic growth slips to 5.3%
Global capacity increases by 5.1%, pushing load factor up 0.2 percentage points to 80.3%: Iata
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Nisha Ramchandani
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Singapore
GLOBAL passenger traffic growth corrected in September by easing slightly to 5.3 per cent year on year, down from a robust 6.3 per cent expansion in August.
Overall, demand growth is in line with expectations, though a strengthening in certain regions - such as the US and Asia-Pacific - is being offset by emerging weakness in others, such as Europe. The monthly passenger traffic report by the International Air Transport Association (Iata) showed that global capacity expanded by a slightly slower 5.1 per cent, pushing load factor up 0.2 percentage points to 80.3 per cent.
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