- IATA reports global airline passenger traffic increased 7.4% in March.
- The pace is an acceleration from February's traffic growth of 6.4%.
- The increase in traffic came against a 5.6% gain in capacity.
- International flights were up 7.0% on a revenue passenger kilometer basis, while domestic routes increased 8.0%.
- March international passenger demand by carrier region: Europe +5.4%, Asia-Pacific +11.1%, North America +2.7%, Middle East +9.8%, Latin America +4.3%, Africa -1.1%.
- Load factor across the airline industry rose 130 bps Y/Y to 80.0%.
- Global airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTC:MLYAF, OTCPK:AFLYY, VLRS, LUV, AVH, OTCPK:JAPSY, OTCPK:AFRAF, OTCPK:EJTTF, OTC:WJAFF, OTC:WJAVF, OTCQX:ESYJY, OTCPK:ICAGY.
- Related ETFs: JETS
IATA: Global airline traffic up 7.4%
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