IATA (International Air Transport Association) has industry traffic results for the first ten months of 2005, showing a weakening trend for both cargo and passenger traffic. October passenger traffic grew 6% compared to the same month in the previous year. This considerably underachieved the 7.9% recorded for the January-October period and is the slowest single-month growth recorded since January 2004. October load factor was 74.8%. Middle Eastern carriers led October growth at 15.1%. North American airlines posted October improvement of 5.5%, sharply down from the 9.1% in year-on-year comparisons for September. Cargo traffic in October was nearly flat at 1.1%, while year-to-date growth for January-October recorded a 2.6% increase.
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