Global air passenger traffic grew 7.4% year-over-year (YOY) in March as Asia-Pacific holiday travel related to the Lunar New Year continued beyond February, according to IATA’s March Air Passenger Market Analysis report. Global air passenger capacity increased 5.6% YOY in March; the total passenger market load factor for the month was 80%, up 1.5 points from February. Despite the temporary boost in traffic provided by the Lunar New Year holiday, March figures showed a 0.5% expansion ...

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