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 […]
Strong Start for Passenger Demand in 2014
The International Air Transport Association (IATA) announced global passenger traffic results for January showing a strong increase in demand. Total revenue passenger kilometers (RPKs) rose 8.0% compared to January 2013, an improvement over the December 2013 growth of 6.8% and the full year 2013 growth of 5.2%. January capacity increased 6.7%, pushing load factor up […]
Passenger Demand Maintains Historic Growth Rates in 2013
The International Air Transport Association (IATA) announced full-year traffic results for 2013 showing a 5.2% increase in passenger demand compared to 2012. The 2013 performance aligns with the average annual growth rate of the past 30 years. Capacity rose 4.8% and load factor averaged 79.5% up 0.4 percentage points over 2012. Demand in international markets […]
Passenger Demand Moderates in November
The International Air Transport Association (IATA) announced global passenger traffic results for November 2013 showing a moderation in the pace of recent demand growth. Total revenue passenger kilometers (RPKs) rose 4.1% compared to November 2012. This was slower than the 6.5% year-over-year growth recorded in October. In November capacity expanded by 6.1% which out-paced demand […]
Airlines Expect 31% Rise in Passenger Demand by 2017 930 Million More Passengers Compared to 2012
The International Air Transport Association (IATA) released the IATA Airline Industry Forecast 2013-2017 showing that airlines expect to see a 31% increase in passenger numbers between 2012 and 2017. By 2017 total passenger numbers are expected to rise to 3.91 billion"”an increase of 930 million passengers over the 2.98 billion carried in 2012. The IATA […]
