KUALA LUMPUR: Global passenger traffic for the whole of 2019, measured in a revenue passenger kilometres (RPK), rose by 4.2 per cent year-on-year, according to the International Air Transport Association (IATA).
However, this was a slowdown compared to the 7.3 per cent annual growth recorded in 2018, making 2019 the first year that passengers’ demand fell below the long-term trend of around 5.5 per cent annual growth since the 2009 global financial crisis.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!