| Code: 71998 |

TIN news:  International Air Travel Association (IATA) Director General and CEO, Tony Tyler, took an opportunity to recognise the challenges to the travel industry posed by recent events, including the downing of Metrojet 9268, with the loss of all passengers onboard, while encouraging travelers to keep traveling as an act of defiance and resolve.
Tyler’s comments accompanied IATA’s global passenger traffic results for October, generally reflecting growth in the sector,
“The end of the year is a festive time around the world. But this year’s celebrations will be juxtaposed against the somber reality of recent terrorist activity in the Middle East and Europe,” Tyler said. “Acts of terror, whether they occur on a city street or at 30,000 feet, will not get the better of us, or succeed in limiting the possibilities of our world. The most important response to acts and threats of terrorism is to show that we will not let the terrorists change our lives. That extends to aviation and tourism.”
Tyler continued by highlighting the contributions of aviation to the travel industry.
“Over 100,000 flights will bring a million people together today because of the efforts of 8.7 million people—aviation professionals. These efforts will create opportunities for business and leisure and for greater understanding among people and cultures. By doing so, flying is a force for good in our world. As we look to 2016 and beyond it’s a reality that should continue to inspire us all,” said Tyler.

Highlights from IATA’s October Passenger Traffic Report Follow: Global air travel rose 7.5%, compared to October of last year.
For the first 8 months of the year, there has been a 5% fall in average fares, in currency adjusted terms.
IATA estimates that the fall in fares has supported a rise in air travel of about 3.0% points, offsetting some of the weakness in confidence.
Air Travel growth year-to-date is 6.8%. Asia Pacific, Europe and North America recorded gains of 8.6%, 6.7% and 4.6%, respectively, year-on-year.
Industry load factors were up in October, with near record highs of 79.2%, as total capacity climbed by 6.1%.

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