PassengerNumbers Up 5.9% In November, Says IATA

Global passenger traffic grew 5.9 per cent in November compared with the previous year, according to the latest IATA data.

Demand for domestic travel climbed by 6.4 per cent year-on-year while demand for international travel also rose by 5.6 per cent compared to November 2014.

Africa experienced the biggest surge in demand with a growth rate of 12.2 per cent compared to the previous 12 months, followed by Latin America and the Middle East, which grew 10.7 per cent and 9.8 per cent respectively.

Tony Tyler, IATA’s director general and CEO said demand continued to be driven by lower fares with airlines starting to achieve "minimum acceptable profit levels".

However, Tyler also warned that there would “mounting economic risks” for airlines in 2016.

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