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 […]
Air Travel Demand Continues To Improve
The International Air Transport Association (IATA) announced global passenger traffic results for September showing a continuation of the strong demand trend despite a slight slowdown from August. Total revenue passenger kilometers (RPKs) rose 5.5% compared to September 2012. Capacity increased at a slightly lower pace at 5.3% over the same period. The load factor in […]
Passenger Demand Growth Stays Strong Record High Load Factor
The International Air Transport Association (IATA) announced global passenger traffic results for August showing a strengthening of the healthy demand trend of the last few months. Total revenue passenger kilometers (RPKs) rose 6.8% compared to August 2012. Capacity increases over the year-ago period lagged demand at 5.6%. This pushed the load factor to match the […]
Solid Demand Growth Continues in July Asia Weakens as Europe Gains Strength
The International Air Transport Association (IATA) announced that demand for air travel recorded another solid month of growth in July. Overall revenue passenger kilometers (RPKs) were up 5.0% compared to July 2012. All regions were up year-on-year, with emerging markets recording the strongest increases.. Capacity rose 5.5% on the previous July, ahead of demand, and […]
