The International Air Transport Association (IATA) announced global passenger traffic data for April 2017 showing that demand (measured in revenue passenger kilometers or RPKs) rose by 10.7% compared to April 2016, which was the fastest pace in six years. April capacity (available seat kilometers or ASKs) increased by 7.1%, and load factor climbed 2.7 percentage points to 82.0%- a record for the month of April. The strong performance is supported by a pick-up in global economic activity and lower airfares. After adjusting for inflation, the price of air travel in the first quarter was around 10% lower than in the

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