Air Passenger Traffic Growth Slowed In March

Global demand for air travel rose 5.3 percent in March - the slowest rate of growth since June 2015, according to IATA.

"It is premature to say whether this marks the end of the recent very strong results. We do expect further stimulus in the form of network expansion and declines in travel costs. However, the wider economic backdrop remains subdued", said IATA's Director General Tony Tyler.

Total capacity rose 5.9 percent, while the load factor dropped 0.5 percentage points to 79.6 percent, IATA said in its monthly traffic update.