Airlines
IATA Data Reveals a Slowdown of Global Demand for Air Travel
European airlines still post the highest load factors on international services, while traffic to and from the Middle East continues to contract.


Global demand for air travel increased in March, albeit at the slowest rate in nine years and well below the average of the past five years, according to data released

Wednesday by the International Air Transport Association (IATA). The annual growth in industrywide revenue passenger kilometers (RPKs) eased to 3.1 percent in March, down from 5.1 percent in February and markedly lower than the 7 percent five-year average growth rate.