International airline traffic (RPKs) rose 8.8% in May compared to the same month last year, according to IATA. With capacity (ASKs) up 7.3%, passenger load factor improved to 71.9%. However, May freight traffic (FTKs) declined 1.6% year-on-year on a 6.9% increase in capacity. "As a leading economic indicator, the slowdown in cargo traffic demonstrates that the high price of oil is slowing the global economy faster than expected," said IATA DG and CEO Giovanni Bisignani. All IATA regions ...

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