IATA: US hurricane a factor in slow October traffic

Global traffic in October showed a continued softening of airline passenger traffic growth and “significant” weakening of freight demand, IATA said, citing Hurricane Sandy as a contributor. Passenger demand for the month rose 2.8% year-over-year, but fell 0.5% from the previous month. Passenger capacity rose 2.3% and load factor lifted 0.4 points to 78.8% compared to the year-ago period.  Freight demand fell 3.5% from the prior year and dropped 2.2% from ...