Global demand for air travel increased by 4.5 percent on an annual basis in May, following a revised 4.4 percent increase in April. That was reported by the IATA aviation association. According to IATA, demand remains solid, although it is below the long-term average. “The demand for air travel has weakened over the past two years. This is in line with the declining world trade, increasing trade tensions and a weakening business confidence,” explains Alexandre de Juniac of IATA. The occupancy rate of the passenger aircraft in May was on average 81.5 percent.
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement