Global air travel demand rose 6.2 percent year over year in July, according to the International Air Transport Association. Global capacity increased 5.5 percent, and global load factor rose 0.6 percentage points to 85.2 percent, a record for July. "The industry posted another month of solid traffic growth, and the record load factor shows that airlines are becoming even more efficient in terms of deploying capacity to meet demand, " said IATA director general and CEO Alexandre de Juniac. "However, rising costs, particularly fuel, will likely limit the stimulus we would expect from lower airfares. Therefore, we do expect to see a slowing of growth compared to 2017."
July passenger demand for international travel rose 5.3 percent year over year. Capacity for international travel rose 4.7 percent, and load factor rose 0.5 percentage points to 85 percent. Demand for domestic travel grew 7.8 percent, capacity climbed 6.9 percent and load factor ticked up 0.8 percentage points to 85.6 percent.
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