Air passenger traffic increased 6.2% year-over-year (YOY) worldwide in February—a significant improvement over January’s 4.5% YOY growth—according to IATA’s February Air Passenger Market Analysis report. While the timing of the Lunar New Year, which this year occurred in February, helped to inflate the month’s numbers, “the underlying trend in volumes confirms robust expansion in air travel,” IATA said. Global air passenger capacity was up 5.6% YOY ...

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