International traffic on Asia-Pacific carriers grew 7.9% to 276.3 million passengers in 2015, according to the Association of Asia Pacific Airlines (AAPA). Over 20 million additional international passengers were carried by Asia-Pacific carriers in 2015, pushing the rate of growth in the sector to exceed 2014’s 4.9% year-over-year (YOY) growth by 3 points. Low oil prices pushed the region’s airlines to competitively lower their airfares, boosting passenger traffic in ...

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