Giovanni Bisignani noted that international passenger load factors lifted 0.8% from May 2010 to 75.8% in May this year. The aviation sector remains positive as international airfreight volumes and passenger traffic grew 1.2% and 1.8% respectively. “These help to alleviate some of the pressure on profits from continued high fuel prices,” said Bisignani, who noted there are “risks associated with political unrest in the Middle East and the European currency crisis.” IATA’s forecast of a $4 billion worldwide industry profit for the full year was reaffirmed but there was a warning that margins would be tight at best. Latin America

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