Over 40% of International Traffic Touched Asia-Pacific in 2014 59th Edition of IATA World Air Transport Statistics Released
The International Air Transport Association (IATA) announced industry performance statistics for 2014 showing the growing demand for air transport. Asia Asia-Pacific has clearly established itself as the industry"™s largest market. In 2014 that was demonstrated by several measures: "¢ International traffic to, from and within the Asia-Pacific region represented 42% of total international revenue passenger […]
Air Freight Demand Falls in July
The International Air Transport Association (IATA) released data for global air freight markets showing a fall in air cargo demand in July compared to the same month last year. Air freight volumes measured in freight tonne kilometers (FTK) fell 0.6%, in line with weaker global economic growth. The decline was broad-based across all regions with […]
Robust Passenger Demand Continues
The International Air Transport Association (IATA) announced global passenger traffic results for July showing robust demand growth compared to July 2014 for both domestic and international traffic. Total revenue passenger kilometers (RPKs) rose 8.2%, which was an improvement on the June year-over-year increase of 5.5%. July capacity (available seat kilometers or ASKs) increased by 6.5%, […]
Passenger Demand Remains Strong
The International Air Transport Association (IATA) announced global passenger traffic results (revenue passenger kilometers or RPKs) for June showing a 5.7% increase in demand compared to June 2014. This was a slowdown compared to the 6.9% year-over-year growth recorded in May, in part owing to the timing of Ramadan, which depressed travel demand in the […]
Strong Traffic Growth Continues in May
The International Air Transport Association (IATA) announced global passenger traffic results for May showing strong demand growth compared to May 2014 for both domestic and international traffic. Total revenue passenger kilometers (RPKs) rose 6.9%, which was an improvement on the April year-over-year increase of 5.7%. May capacity (available seat kilometers or ASKs) increased by 6.5%, […]
Healthy April Passenger Demand
The International Air Transport Association (IATA) announced global passenger traffic results for April showing robust demand growth compared to April 2014. Total revenue passenger kilometers (RPKs) rose 5.9%. April capacity (available seat kilometers or ASKs) increased by 6.1%, and load factor slipped 0.1 percentage points to 79.4%. Domestic demand grew by 7.2%, outpacing international demand […]
Demand for Air Travel Picks-up In August
The International Air Transport Association (IATA) announced global passenger traffic results for August showing a slight pick-up in demand over the previous month. Total revenue passenger kilometers (RPKs) increased 5.9% compared to August 2013, which was above the 5.4% year-over-year increase recorded in July. August capacity climbed 5.5%. The load factor stood at 83.9% which […]
Demand for Air Travel Decelerates in March
The International Air Transport Association (IATA) announced global passenger traffic results for March showing a moderation of the pace of growth in demand. Total revenue passenger kilometers (RPKs) increased 3.1% compared to March 2013. Although this represented a slowdown in comparison to the February year-over-year traffic increase of 5.6% , cumulative traffic growth for the […]
Solid Demand for Air Travel Continues
The International Air Transport Association (IATA) announced global passenger traffic results for February showing demand growth of 5.4% compared to February 2013. Although this represented a slowdown compared to the January traffic increase of 8.2%, cumulative traffic growth for the first two months of 2014 was 6.9%, which compares favorably with the 5.2% overall growth […]
Industry on Track for Second Improving Profits Rising Fuel Costs Largely Offset by Increased Demand
The International Air Transport Association (IATA) announced that the airline industry remains on track to deliver a second consecutive year of improved profitability. This is despite a slight downward revision to its industry outlook for 2014 to an industry profit of $18.7 billion from the previously forecast $19.7 billion. The main driver of the downward […]
