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41. IATA Reports Global Passenger Traffic Results for February
IATA’s global passenger traffic results for February show a strengthening in demand growth compared to February 2014. Total revenue passenger kilometers (RPKs) rose 6.2%, which was an improvement on the January year-on-year increase of 4.5%. Monthly results were positively impacted by the Lunar New Year holiday which occurred in February this year, one month later than in 2014. Feb
42. IATA Reports Global Airline Statistics from March 2012
Asia Pacific airlines also experienced healthy growth, with demand up 8.1% on a 4.3% rise in capacity, pushing load factors up to 76.5%. Year-to-year comparisons were impacted by the March 2011 Japan earthquake and tsunami, which are estimated to have reduced 2011 demand by 3%, exaggerating year-over-year growth by a like amount.
43. IATA Members Tackle Problem of Unruly Air Passengers
The IATA 70th Annual General Meeting (AGM) unanimously adopted a resolution that calls on governments and industry to work together on a balanced package of measures to effectively deter and manage the significant problem of unruly air passenger behavior. Such behavior includes committing physical assault, disturbing good order on board or failing to follow lawful crew instructions
44. IATA Revises Financial Outlook for Global Air Transport Industry Profits
IATA has revised its 2016 financial outlook for global air transport industry profits upwards to $39.4 billion (from $36.3 forecast in December 2015). The revised number is expected to be generated on revenues of $709 billion for an aggregate net profit margin of 5.6%. 2016 is expected to be the fifth consecutive year of improving aggregate industry profits.
45. Outlook for Air Cargo Stabilizes; Growth Accelerates in May
IATA’s data for global air freight markets shows air cargo growth accelerated in May 2014, with 4.7% growth compared to a year ago. This is up from the 3.8% year-on-year growth recorded in April. Cargo volumes, measured by Freight Tonne Kilometers (FTKs) were up across all regions, but with significant differences in performance. The Middle East carriers reported 9.3% year-on-year
46. Asia Pacific Airlines’ Traffic Jumps 9.4%; Middle East Up 14%
IATA’s global passenger traffic results for May 2015 show strong demand growth when compared to May 2014 for both domestic and international traffic. Asia Pacific airlines’ May traffic jumped 9.4% compared to the year-ago period. Capacity rose 6.8% and load factor climbed 1.8 percentage points to 76.0%. The strong performance occurred despite weakness in regional trade activity dur
47. Cathay Pacific opens New Office in Beijing
Cathay Pacific opens New Office in Beijing. Cathay Pacific has opened a new office in Beijing, featuring separate counters for both Cathay Pacific and Dragonair.
48. IATA Reports June Traffic; Slowing Passenger Growth Trend Continues
Year-on-year, demand for air travel in June expanded by 6.2%. Capacity grew by a much more cautious 4.5% leaving load factors at 81%. While this appears to be a healthy growth rate, the growth trend since early 2012 has seen a slowdown. This is illustrated by isolating the February through June trend which shows 2% annualized growth. That is a major slowdown from the 8% annualized

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