Passenger Demand Is Up But Fragile

September’s passenger traffic demand grew 5.3 per cent in revenue passenger kilometres on last year, according to IATA.

September’s passenger traffic demand grew 5.3 per cent in revenue passenger kilometres on last year, according to IATA.

“This continues the positive growth trend for passenger demand even though the performance was slightly below the August year-on-year rise of 6.3 per cent,” IATA said in a statement.

Global capacity rose 5.1 per cent in September and load factors rose 0.2 percentage points to 80.3 per cent.

While dramatic growth was recorded in India’s domestic market, European airlines saw a significant drop in growth rates from seven per cent in August to 3.9 per cent in September, as a result of the Air France crew strike and a general weakening of European economic prospects.

Tony Tyler, IATA’s CEO, said: “Positive economic developments in Asia and the US continue to underpin [global] profitability. But it is a delicate balancing act.” (Read more at www.mro-network.com).

TAGS: Europe
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