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 […]

Airfares Drop to Lowest Average Price Since 2010

After airlines announced a strong showing in 2015, travelers began to hope for cheaper airfares. Aside from a few limited-time promotions, the kind of rock-bottom fares that were wishing for never materialized. But that doesn"™t mean that flying hasn"™t gotten cheaper. In fact, flights are cheaper than they have been since 2010, according to the […]

Decline in Air Freight Volumes Bottoms Out

The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in Freight Tonne Kilometers) were down 1.2% in November 2015, compared to November 2014. Total cargo volumes, however, expanded compared to October 2015, and were higher than the low point in August. This indicates that the decline […]

Strong Demand Momentum Maintained in August Load Factor Reaches Record 84.7%

The International Air Transport Association (IATA) announced global passenger traffic results for August showing a continuation of the strong growth in air travel demand for both domestic and international traffic. Total revenue passenger kilometers (RPKs) rose 7.1% compared to the year-ago period. August capacity (available seat kilometers or ASKs) increased by 5.9%, and load factor […]

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%, […]

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 […]

Passenger Traffic Growth Continues Strong in October

The International Air Transport Association (IATA) announced global passenger traffic results for October showing a strengthening in demand growth compared to September 2014 and to the year-ago period. Total revenue passenger kilometers (RPKs) rose 5.7% over October 2013, slightly ahead of the 5.2% year-on-year rise recorded in September 2014. October capacity (available seat kilometers or […]

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 […]