FRANKFURT (Reuters) - Global air passenger traffic in terms of revenue passenger kilometers climbed 9.5 percent in March, which was the fastest growth rate in a year, supported by strong economic growth, the International Air Transport Association (IATA) said on Thursday.
Capacity measured in available seat kilometers grew 6.4 percent compared with the year-earlier period, IATA said.
“The strong first quarter provides healthy momentum heading into the peak travel period in the Northern Hemisphere,” he said.
In second quarter, however, rising costs and in particular higher fuel prices will likely moderate any boost in demand that has come from lower fares, IATA Chief Executive Alexandre de Juniac said.
Reporting by Riham Alkousaa; Editing by Maria Sheahan