Worldwide passenger traffic grew 7.6% in 2017, outpacing the 10-year average annual growth rate of 5.5%, as passengers responded to an overall improvement in the global economy and lower airfares, according to IATA’s Air Passenger Market Analysis for December 2017, released Feb. 1. Global passenger capacity was up 6.3% for the full year, producing an 81.4% total market passenger load factor, up 0.9 point from 2016. December passenger traffic moderated, however, with a 6.2% ...

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