Overall global passenger traffic increased 6.2% year-over-year in May, down 1.4 point from April’s 7.6% growth, according to IATA’s May Air Passenger Market Analysis report. “While this represented a deceleration compared to April … the performance is indicative of improving demand drivers,” IATA said. 2014’s five-month 6.2% traffic growth is a marked improvement on 2013’s comparative January-May 4.3% growth. This May’s RPK growth is 0.6 point ...

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