Worldwide passenger traffic grew 3.1% year-over-year in March, down 2.5 points from February’s 5.6% growth, according to IATA’s Air Passenger Market Analysis. Despite the slowdown, 2014’s first-quarter 5.6% traffic growth remains stronger than last year’s overall 5.2% growth. March’s RPK growth is 2.8 points lower than the 5.9% growth recorded in March 2013. Overall capacity in March increased 5.3% year-over-year, delivering a total market passenger load factor ...

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