Lunar New Year Travel Adds to Strong Traffic Growth in February
The International Air Transport Association (IATA) announced global passenger traffic results for February showing a strengthening in demand growth compared to February 2014. Total revenue passenger kilometers (RPKs) rose 6.2%, which was an improvement on the January year-over-year increase of 4.5%. Monthly results were positively impacted by the Lunar New Year holiday which occurred in […]
Preparing for Growth Challenges for Asia Pacific
The International Air Transport Association (IATA) identified continuous safety enhancement, the availability of cost-efficient infrastructure and environmental responsibility as critical factors to ensure that Asia-Pacific continues to realize the enormous economic and social benefits of air connectivity. "It is no understatement to say that air connectivity underpins modern economies. Aviation and aviation-enabled tourism accounts for […]
Strong Passenger Growth Continues in September
The International Air Transport Association (IATA) announced global passenger traffic results for September showing demand growth of 5.3% (measured in revenue passenger kilometers or RPKs) over September 2013. This continues the positive growth trend for passenger demand even though the performance was slightly below the August year-over-year rise of 6.3%. September capacity rose 5.1% and […]
IATA: Cargo Growth Continues to Accelerate in September
The International Air Transport Association (IATA) released data for global air freight markets showing an acceleration of demand in September. Measured by freight tonne kilometers (FTKs), volumes rose 5.2% compared to September last year, which is 0.8 percentage points ahead of the 4.4% average growth in demand reported for the year-to-date. Capacity grew by 3.8%. […]
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 […]
Air Travel Maintains Strong Growth
The International Air Transport Association (IATA) announced global passenger traffic results for October showing a moderate acceleration of the robust demand trend of the last few months. Total revenue passenger kilometers (RPKs) rose 6.6% compared to October 2012, an improvement over the September increase of 5.2%. A capacity increase of 6.5% meant that load factor […]
Air Freight Growth Stabilizes
The International Air Transport Association (IATA) released figures for air freight markets in April which showed modest growth of 1.4% compared to April 2012. This small increase helped to offset the 2.6% decline recorded in March compared to the year-ago period. And it continues an 18-month trend of basically no growth in the cargo markets. […]
