Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Worldwide air passenger traffic increased 4.6% year-over-year (YOY) in August, a slowdown from July’s revised 6.9% YOY growth pace, according to IATA’s August Air Passenger Market Analysis.
The global air freight market increased 3.9% year-over-year (YOY) in August, down slightly from July’s revised 4% growth, illustrating the “stiff headwind” air freight continues to encounter amidst “the ongoing sluggishness of global trade conditions,” according to IATA’s August Air Freight Market Analysis.