Seeking Alpha

Global air traffic saw solid growth in October

  • The IATA reports global air traffic rose 6.6% in October to show an acceleration from September's mark.
  • The markets in China and Russia paced the gains, up 12.3% and 11.4% respectively, while airlines in Latin America recorded the best improvement in load factor on tight capacity.
  • Though airlines in North America only saw a moderate 3.6% rise in international travel, indications are that the business environment is improving.
  • Related stocks: AAL, UAL, DAL, RYAAY, CPCAY, SINGY, CEA, ZNH, CPA, GOL, LFL, DLAKF, AIDIF, QUBSF.
Comments (2)
  • I think (SAVE) might become an acquisition target.
    5 Dec 2013, 08:41 AM Reply Like
  • Also, (AAL) seems a good buy after its merger.
    5 Dec 2013, 08:42 AM Reply Like
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