Passenger Demand Losing Momentum Terrorism, Economic Uncertainty, Weigh on Traffic
The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5.2% compared to the year-ago period. This was up slightly from the 4.8% increase recorded in May (revised). However, the upward trend in seasonally-adjusted traffic has moderated since January. June […]
Demand for Air Cargo Picks up in June
The International Air Transport Association (IATA) released data for global air freight demand in June 2016 showing a rise in freight tonne kilometers (FTK) of 4.3% year-on-year. This was the fastest pace of growth in 14 months. Freight capacity measured in available freight tonne kilometers (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure. […]
Moderating Demand Trend Continues
The International Air Transport Association (IATA) announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 4.6%, compared to the same month in 2015, which was the same level achieved in April. Capacity climbed 5.5%, which pushed the average load factor down 0.7 percentage points to 78.7%. […]
Air Freight Markets Grow in April
The International Air Transport Association (IATA) released demand growth results for global air freight markets for April 2016 showing a 3.2% increase in demand measured in freight tonne kilometers (FTKs) compared to the same period last year. Yields remained pressured as April freight capacity (measured in available freight tonne kilometers or AFTKs) increased by 6.6% […]
Moderating Demand Growth in March
The International Air Transport Association (IATA) announced global passenger traffic results for March showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.3%, compared to the same month last year. Capacity grew slightly faster at 5.9% which pushed the average load factor down by half a percentage point to 79.6%. March performance shows […]
Weak March Air Freight Volumes Point to Another Difficult Year
The International Air Transport Association (IATA) released demand growth data for global air freight markets for March 2016 showing a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year. In contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure […]
February Demand Growth Stays Strong
The International Air Transport Association (IATA) announced global passenger traffic results for February showing continuing strong demand growth for domestic and international travel. Total revenue passenger kilometers (RPKs) rose 8.6%, compared to the same month last year. Monthly capacity (available seat kilometers or ASKs) increased by 9.6%, and load factor declined 0.7 percentage points to […]
Strong Passenger Demand Continues into 2016
The International Air Transport Association (IATA) announced global passenger traffic results for January 2016 showing demand (revenue passenger kilometers or RPKs) rose 7.1% compared to January 2015. This was ahead of the 2015 full year growth rate of 6.5%. January capacity rose 5.6%, with the result that load factor rose 1.1 percentage points to 78.8%, […]
Kenyan Flower Farms Blossom from North American Demand
With Valentine"™s Day fast approaching, data from IAG Cargo shows a blossoming trade for Kenyan flower growers. Initial figures show that flower volumes destined for the US have increased over 50 per cent on last year"™s season, with popular destinations including Vancouver and New York. This increase in shipments reflects a wider trend: increased e-commerce […]
IATA: Healthy November Traffic Demand
The International Air Transport Association (IATA) announced global passenger traffic results for November showing continued strong traffic growth above the 10-year average rate of 5.6%. Total revenue passenger kilometers (RPKs) rose 5.9% compared to the year-ago period. Although below the October rate of 7.1%, this largely was owing to the impact of factors that are […]
