Global air traffic is up 6%, boosted by low-cost carriers
Worldwide passenger air traffic grew again last year, albeit at a slightly slower pace, led by the dynamic growth of low-cost air carriers, the International Civil Aviation Organization reported Monday. A total of 3.7 billion passengers were transported by the world's airlines last year, a 6 percent increase from 2015. Growth was most pronounced in the Middle East (11.2 percent), Asia (8 percent), Latin America (6.5 percent) and Africa (5.7 percent), while it was slower in Europe (4.3 percent) a
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