Global air passenger traffic has grown 7% year-over-year in the first quarter of 2017, exceeding the long-run average 5.5% traffic growth rate, IATA said in its March Air Passenger Market Analysis. Adjusted for the 2016 leap year, first-quarter passenger traffic has increased 8.1% over 1Q 2016. “The robust start to 2017 has been supported by a combination of lower yields and airfares [plus] a broad-based upturn in in global economic conditions, which has helped to drive demand for ...

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