Global air travel demand grew 6.3 percent year over year in October, according to the International Air Transport Association. "Traffic growth has moderated compared to earlier in the year, reflecting a more mixed economic backdrop and reduced demand stimulation from lower fares," said IATA director general and CEO Alexandre de Juniac. Global load factor was 81.1 percent, the same as in October 2017, and global capacity grew 6.3 percent year over year. International travel demand grew 6.3 percent. Capacity rose 6.1 percent, and load factor was 79.8 percent, up 0.1 percentage points. Domestic demand climbed 6.4 percent while capacity rose 6.7 percent, prompting load factor to slip 0.2 percentage points to 83.3 percent.
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