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Aviation Letter

08.03.2018

In line with recent years, the airline industry continues to show strong economic performance.

According to International Air Transport Association (IATA), global passenger traffic increased by 7.6% in 2017 over 2016.
This increase is linked to global GDP growth, projected to rise to 3.6% in 2017. It is also the consequence of the record number of cities connected by airlines in 2017: more than 20,000 city-pairs connections, doubling 1996’s number. Once again, traffic has also been supported by low fares, thanks to low fuel prices and interest rates.
 

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On 3 April 2018, Natixis Asset Management became Ostrum Asset Management.