August global passenger traffic grew 7.1% year-over-year, producing a record-high 84.7% load factor, according to IATA’s August Air Passenger Market Analysis. Building on July’s 8.2% year-over-year (YOY) growth rate, “the August results continue the trend of strong demand for air travel, despite some softening in global economic growth, particularly in emerging markets,” IATA DG and CEO Tony Tyler said. “The record high load factor of 84.7% is a great indicator ...

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