IATA reports year-over-year global pax traffic increased

IATA reports year-over-year global pax traffic increased 3.8% in August on 3.5% higher capacity; cargo traffic fell 3.9%, which marks the 10th consecutive month of year-over-year decline, the longest period since the global financial crisis in 2008.
Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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