Passenger traffic demand strongest for 5 months
Global air travel demand rose 8.0% in November, the fastest growth rate in 5 months, IATA reported in its monthly update. Regionally, Asia Pacific returned the biggest increase during the month, with an 11.3% rise in revenue passenger kms. Europe grew by a healthy 7.9%, with Latin America on 5.8%, Africa 5.6% and North America 5.4%. “The airline industry is in a good place entering 2018. November's strong demand gives the industry momentum,” IATA DG Alexandre de Juniac said. “Passengers not only have more travel choices than ever, the cost of travel in real terms has never been cheaper.” All regions kept capacity below demand growth, returning increased load factors for the month. Asia Pacific added 9.0% more capacity in available seat km terms, Europe 5.8%, Latin America 4.7% and North America 4.6%. <br/>
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Passenger traffic demand strongest for 5 months
Global air travel demand rose 8.0% in November, the fastest growth rate in 5 months, IATA reported in its monthly update. Regionally, Asia Pacific returned the biggest increase during the month, with an 11.3% rise in revenue passenger kms. Europe grew by a healthy 7.9%, with Latin America on 5.8%, Africa 5.6% and North America 5.4%. “The airline industry is in a good place entering 2018. November's strong demand gives the industry momentum,” IATA DG Alexandre de Juniac said. “Passengers not only have more travel choices than ever, the cost of travel in real terms has never been cheaper.” All regions kept capacity below demand growth, returning increased load factors for the month. Asia Pacific added 9.0% more capacity in available seat km terms, Europe 5.8%, Latin America 4.7% and North America 4.6%. <br/>
