Early Indications Positive For Travel Demand In 2015

Passenger numbers on international flights increased by more than six per cent in January and February compared with the previous year, according to AviaAM Leasing’s Q1 review of the aviation market.

Passenger numbers on international flights increased by more than six per cent in January and February compared with the previous year, according to AviaAM Leasing’s Q1 review of the aviation market.

The company concludes that demand for travel is “offsetting economic weakness in some regions”, including the Eurozone which saw international traffic grow by 4.9 per cent on 2014 figures.

The biggest growth in travel was seen in the Middle East (10.1 per cent growth), followed by the Asia Pacific region (7.6 per cent) and Latin America (6.5 per cent).

The only region to experience a decline in international traffic was Africa, where the negative economic situation was cited as key factor in the 1.4 per cent drop on 2014 figures.

The review also confirms that leasing rates for narrowbody aircraft increased by an average of six per cent during the first months of 2015, while lease rates for widebody and regional aircraft fell by around three per cent.

Aircraft types which saw the greatest increase in lease rates were the A319-100 and 737-300.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish