IATA

IATA: Strong passenger demand resumes in September

The International Air Transport Association (IATA) announced that global passenger traffic grew 7% in September compared to the same month in 2015. This was the strongest year-over-year increase in seven months. Capacity climbed 6.6% and load factor edged up 0.3 percentage points to 81.1%. Growth in domestic traffic slightly outpaced growth in international traffic.   International […]

IATA: Passenger demand losing momentum in June

Global passenger traffic for June rose by 5.2% compared to the same year-ago period, up slightly from the 4.8% in-crease recorded from revised figures in May, reports the International Air Transport Association (IATA). However, IATA notes that the upward trend in seasonally-adjusted traffic has moderated since January. International passenger demand rose 5.0% in the month […]

IATA Financial Monitor Report- January

The International Air Transport Association – IATA – has released its Airlines Financial Monitor for January. Among the Key points in the report: Worldwide airline share prices fell by 10% in January, alongside widespread sell-offs in global financial markets; Airline financial results from Q4 2015 point to a strong end to 2015, with strong improvements in […]

IATA: Demand for Air Travel in 2015 strongest in five years

Global air passenger traffic for 2015 rose 6.5% for the full year compared to 2014, reported the International Air Transport Association (IATA). This was the strongest result since the post-Global Financial Crisis rebound in 2010 and well above the 10-year average annual growth rate of 5.5%. While economic fundamentals were weaker in 2015 compared to […]

IATA: Healthy November traffic demand

November showed continued strong global passenger traffic growth above the 10-year average rate of 5.6%, reported the International Air Transport Association (IATA) this week. 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 expected […]

IATA lowers air passenger forecast for long-term demand to 2034

The International Air Transport Association (IATA) has updated its passenger growth forecast, lowering its estimate of passenger numbers to 7 billion by 2034. Previously, IATA forecast 7.4 billion passengers in 2034 based on a 4.1% average annual growth rate. The revised result reflects negative developments in the global economy that are expected to dampen demand […]

IATA: Strong traffic growth continues in May

The International Air Transport Association (IATA) global passenger traffic results for May show strong demand growth compared to May 2014 for both domestic and international traffic. Total revenue passenger kilometers (RPKs) rose 6.9%, an improvement on the year-over-year increase in April of 5.7%. Capacity in May increased by 6.5%, and load factor rose 0.3 percentage […]

IATA: March passenger demand remains robust, buoyed by Lunar New Year

The International Air Transport Association (IATA) reports that global passenger traffic for March 2015 rose 7.4% compared to March 2014. This was an improvement on February, when year-over-year growth was 6.4%. March international passenger traffic rose 7.0% compared to the year-ago period. Capacity climbed 5.4% and load factor increased 1.2 percentage points to 78.9%. All […]

ACI, IATA, CANSO, ICAO convene to discuss risks

Following the downing of Malaysia Airlines Flight MH17, the International Civil Aviation Organization (ICAO), the International Air Transport Association (IATA), Airports Council International (ACI) and the Civil Air Navigation Services Organisation (CANSO), held a high level meeting last week in Montreal to jointly express their strong con- demnation of the use of weapons against civil […]

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