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Global passenger traffic results released by International Air Transport Association (IATA) demonstrated strong growth in passenger demand in February.

The month under review saw a 4.8 percent year-on-year rise in total revenue passenger kilometres (RPK), a 2.7 percent monthly capacity increase and a 1.6 percentage point jump in load factor, representing the highest figure ever reached in February, at 79.5 percent.

Meanwhile, IATA estimates that allowing for inflation, the price of air travel has fallen by more than 10 percent in real terms over 2016, accounting for more than half the growth in RPK so far this year.

Alexandre de Juniac, CEO, IATA, credited the continuous growth to lower fares and a healthier economic backdrop.