IATA: March Passenger Demand Remains Robust, Buoyed by Lunar New Year
The International Air Transport Association (IATA) announced global passenger traffic results for March 2015 showing demand (revenue passenger kilometers or RPKs) rose 7.4% compared to March 2014. This was an improvement on February, when year-over-year growth was 6.4%. The acceleration in the year-on-year comparison reflects the residual impact of the February Lunar New Year celebrations,…