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All three major regional markets grew at a similar pace in May All three major regional markets grew at a similar pace in May

ACI: Air Transport Demand Shows Continued Resilience

Airports Council International (ACI) World reported global passenger traffic grew by 5.6 percent in May on a year-over-year basis.

While this was close to one percent below its year-to-date growth figure, it remains a robust demonstration of resilience considering the global climate of increasing geopolitical tension.

Freight volumes picked up speed during the month despite comparing to a particularly favourable May 2017, reaching a positive 5.1 percent year-over-year, close to their up 5.3 percent year-to-date figures. Outlook for global air freight is currently mixed, with trade tensions and inflation up in May, but freight demand remaining robust in the near term.

According to ACI, all three major regional markets grew at a similar pace in May; Specifically, Asia-Pacific grew by 6.3 percent, Europe by 6.2 percent and North America by 5.6 percent.