Passenger Traffic Continues Modest Climb, Says IATA

Global passenger traffic showed a “moderate acceleration of the robust demand trend of the last few months”, according to the International Air Transport Association (IATA). The October results showed that total revenue passenger kilometres (RPKs) rose 6.6 per cent compared to the year-before period, an improvement over the September increase of 5.2 per cent. A capacity increase of 6.5 per cent meant that load factor was “virtually flat” at 78.9 per cent. “October traffic results reinforce expectations for a strong fourth quarter traffic performance in line with rising business confidence and better economic performance in the major advanced economies,” said Tony Tyler, IATA’s director general and CEO.

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