POLITICAL UNCERTAINTY
Demand for air travel still on the rise, says Iata
The industry witnessed year-on-year passenger growth of 8.6% in February, says the International Air Transport Association
The airline industry has continued to show modest growth despite uncertainty in global policy, such as US-imposed travel restrictions. The industry witnessed year-on-year passenger growth of 8.6% in February, the International Air Transport Association (Iata) said on Thursday. African carriers continued their recovery, with traffic in February up 7.1%, reflecting an upturn in key routes to and from Europe. Passenger growth in January was 8.9%, with Iata attributing the slightly depressed growth to the extra day in 2016, which was a leap year. Middle East carriers had the strongest growth (9.5%) despite uncertainty, such as Brexit, travel bans and the ban on electronic devices imposed by the US and the UK on direct flights from some North African and Middle Eastern destinations. European carriers experienced growth of 6.5% and Latin American airlines 5.9%. North American airlines grew 0.3%, "The strong demand momentum from January has continued, supported by lower fares and a healthi...
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