Asia-Pacific air traffic volumes in May up 7.3%
Iata cites China economy pick-up for region beating global growth rate
[SINGAPORE] Air traffic volumes in the Asia-Pacific expanded by 7.3 per cent year on year in May, outstripping the 6.2 per cent growth seen by the global industry, suggesting that weakness in the Chinese economy which has dogged growth in recent months may be abating.
While global air traffic volumes had risen by a stronger 7.6 per cent in April, this was due largely to seasonal factors as Easter fell in the month.
Passenger load factor for May was 79 per cent as capacity growth worked out to 5.2 per cent.
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