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February Global Air Traffic Increased

Published: 11/04/2018 - Filed under: Home » News »

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February global air traffic rebounded after a slow January, according to the International Air Transport Association (IATA). Total revenue passenger kilometers for February rose 7.6 percent compared to February 2017, up from 4.6 percent year-over-year growth in January. Monthly capacity (measured in available seat kilometers) increased by 6.3 percent, and load factor rose 0.9 percentage point to 80.4 percent, surpassing the previous record for the month of 79.5 percent, which was set in February 2017. 
 
February Global Air Traffic Increased
 
Alexandre de Juniac, IATA director general, said the stronger growth was expected, “supported by the robust economic backdrop and solid business confidence.” However, he said, increases in fuel prices – and labor costs in some countries – likely will temper the amount of traffic stimulation from lower airfares this year. Led by airlines in Latin America, all regions recorded better year-on-year growth in February compared to January’s results.
 
by Dan Booth 

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