IATA reported a 3.1% decline in international RPKs in April, an improvement from the 11.1% plunge in March but a trend that "should be viewed with caution" considering the shift in the Easter holiday to April and the fact that "traffic gains were at the expense of yields in most regions." It also warned that preliminary data suggest another double-digit decline this month in Europe and perhaps elsewhere. Capacity dropped 2.5% and load factor was 74.4%. "There is no improvement in revenues as ...

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