Airlines
Airline Traffic Growth Slows in May Amid Record Load Factors
Airfares declined during the period by 6 percent, stimulating some two-fifths of the month’s growth

Global airline traffic results for May showed that demand rose 7.7 percent compared with the same month last year, indicating a slowing of passenger traffic growth from the 10.9 percent recorded in April but still well ahead of five- and 10-year average rates, according to statistics released Thursday by the International Air Transport Association. Capacity climbed 6.1 percent and load factors rose 1.2 percentage points to 80.1 percent, marking a record high for the month. All regions, excluding the Middle East and North America, posted record-high May load factors.