INSIGHT FROM FLIGHTGLOBAL: Did the first quarter show a turn in the demand cycle?
03 May 2017
Welcome to our second V1ewPoint of 2017. In our last issue we wrote about market uncertainty as we headed into 2017, with some of our indicators suggesting a potential turn in the demand cycle which has seen strong growth since 2010. Although we have only seen a couple of months data so far, initial indications seem to suggest that we were perhaps a little hasty to call the turn. IATA traffic data for the first two months of the year indicate global passenger traffic growth of 7.0%.