IATA: 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 rose 0.9 percentage points to a record 84.7%. “August results continue the trend of strong demand for air travel, despite some softening in global economic growth, particularly in emerging markets,” said Tony Tyler, IATA’s Director General and CEO. “Airlines are committed to meeting growing demand