Global air passenger traffic grew 7.1% year-over-year in January, building on December’s 5.4% growth, according to IATA’s latest Air Passenger Market Analysis. “Airlines have continued to react to robust travel demand by adding capacity cautiously [total ASKs increased 5.6% year-over-year in January],” IATA senior economist David Oxley said. “As a result, at 78.8% in January, the industry load factor was the highest ever recorded in the ...

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