GENEVA — Global passenger traffic was up 5.8% in October 2016 compared to the same month last year, according to the latest IATA results. Capacity increased 6.3% and load factor slid 0.4 percentage points to 80.1%.

October’s performance was a slow-down on the 7.1% year-on-year growth rate recorded in September but still was in line with 10-year averages, noted IATA. Domestic and international travel growth largely was in balance.

“Passenger demand growth in October was consistent with long-term trends but represented a deterioration compared to September,” said Alexandre de Juniac, IATA’s Director General and CEO. “While the negative traffic impact from ****** ******* and political instability in parts of the ***** has receded, the long downward trend in yield – which helped to stimulate travel – has levelled off. Furthermore, the recent OPEC agreement to restrict oil production suggests fuel prices have ended their slide.”

Airlines in all regions recorded growth. North American ******* traffic climbed 2.4% in October compared to the year-ago period. This was the lowest among the regions, however on a seasonally-adjusted basis passenger volumes have still risen at an annualized rate of around 5% since March. Capacity rose 4.9% and load factor dropped 1.9 percentage points to 80.1%.