IATA and ICAO data shows continued growth

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By admin April 7, 2016 20:35

IATA and ICAO data shows continued growth

The latest data from the International Civil Aviation Organization (ICAO) shows that global airline passenger traffic grew 6.8 percent in 2015, with a ten-year high global load factor of 80.2 percent. Middle East grew the most in terms of passenger traffic, although North America recorded the highest load factor globally, at 83.5%, with American Airlines ranked as the top airline in terms of revenue passenger kilometre. The busiest airport in the world was also in the US, with Hartsfield-Jackson Atlanta International Airport ranked top by number of passengers, with Beijing Capital International Airport close behind. Global freight traffic grew by just 2.2% in 2015 compared with 4.9% in 2014.

Global airline passenger traffic grew by 6.8% in February, according to data from the International Air Transport Association (IATA), which demonstrates continuing strong demand growth for domestic and international travel. Total revenue passenger kilometres (RPKs) rose 8.6%, compared to the same month last year. Monthly capacity (available seat kilometres or ASKs) increased by 9.6%, and load factor declined 0.7 percentage points to 77.8%.

“In the first two months of 2016, demand for passenger connectivity is off to its strongest start in eight years. However, February was the first month since the middle of 2015 in which capacity growth exceeded demand, which caused the global load factor to decline. It is unclear whether this signals the start of a generalized downward trend in load factor, but it bears watching,” said Tony Tyler, IATA’s Director General and CEO.

admin
By admin April 7, 2016 20:35