Global air passenger traffic growth ebbed in October, increasing 5.8% year-over-year (YOY) compared to 7.1% growth in September, according to IATA’s October Air Passenger Market Analysis. According to IATA senior economist David Oxley, despite the uncertain global economic and political outlook in recent months, “global business confidence has actually picked up … the global PMI reached a 27-month high in November, driven by increases in advanced economies.” Oxley ...

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