- 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.
at Zacks.com (Tue, 10:55AM)