passenger

The International Air Transport Association (IATA) yesterday announced global passenger traffic data for October 2019, showing that demand climbed 3.4 per cent compared to the year-ago period. This was a modest slowdown from 3.9 percent growth recorded in September, owing to softer traffic performance in domestic markets. October capacity increased by 2.2 per cent and load factor climbed 0.9 percentage point to 82.0 per cent, which was a record for October.

IATA’s Director General and Chief Executive Officer (CEO), Alexandre de Juniac, noted that traffic growth continued to be depressed compared to historical long-term growth levels, reflecting continued moderating …