Global air passenger traffic rose by 7.7 percent in May, from a year earlier compared to the same month in 2016, according to the International Air Transport Association. “Passenger demand is solid and we don’t foresee any weakening over the busy summer months in the Northern Hemisphere. “In parallel, rising trade protectionism and barriers to travel are worrying trends that, if unchecked, could impact demand. This contributed to around two-fifths of the annual growth in passenger traffic recorded in May, IATA said. “However, passenger demand is likely to remain well supported during the upcoming peak travel months of July and August,” it added.

Source: Manila Times July 07, 2017 17:15 UTC