
Growth, Profitability and Resilience
May 2017
Aviation specialist Anna Fernandes reviews the sector’s economic performance industry on the 2016 End-Year Report by the International Air Transport Association (IATA). 2016 – a good year driven by strong demand 2016’s global passenger traffic results were relatively strong, excelling the ten-year average annual growth rate of 5.5%. Demand, or revenue passenger kilometers (RPK), rose…