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- 1. IATA Reports June Traffic; Slowing Passenger Growth Trend Continues
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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
- 2. Economic Tailwind Powering Asia's Travel Industry to New Heights says Abacus
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Economic Tailwind Powering Asia's Travel Industry to New Heights says Abacus. The next five years will see a slower but still robust period of passenger growth for the airline industry. IATA is projecting 5.9% passenger growth for Asia Pacific in 2007, and an average aggregate growth rate (AAGR) of 5.7% through to 2010, the second highest regional growth rate behind the Middle East
- 3. IATA Reports Robust Air Passenger Growth in June
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IATA's June 2013 passenger demand figures show year-on-year growth of 6.0%. The robust growth, measured in revenue passenger kilometers (RPK), is ahead of the 4.8% demand growth reported over the first six months of 2013 compared to the same period in 2012. It is also ahead of the 5.6% expansion in capacity for June over the previous year. This pushed the passenger load factor to 8
- 4. International Air Traffic Demand Increased 3% in May 2019; Growth Slows
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IATA's global passenger traffic results for May 2019 shows that demand (measured in revenue passenger kilometers, or RPKs) rose 4.5% compared to the same month in 2018. This was in line with the revised April traffic growth of 4.4% and above the recent trough of 3.1% year-on-year growth recorded in March. However, it remains below the 20-year average growth rate of around 5.5%. Cap
- 5. Outlook for Air Cargo Stabilizes; Growth Accelerates in May
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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
- 6. Airline Passenger Growth in June 2008 Hits Five-Year Low
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Airline Passenger Growth in June 2008 Hits Five-Year Low. IATA's international traffic data for June 2008 shows a continued slowing of demand growth for air transport. Cargo contracted by 0.8% compared to June 2007. Passenger demand growth fell to 3.8%, the lowest level since 2003. Passenger load factors dropped to 77.6%, 1.2 percentage points below the 78.8% recorded for June 2007
- 7. Asia Pacific Airports Record Y-O-Y Increase of 3.3% in June 2014
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Traffic growth for June 2014 showed mixed results across reporting airports. Among the top five airports, Beijing (PEK) was the busiest but with negligible growth (0.1%), while Tokyo Haneda (HND) and Hong Kong (HKG) posted solid growth of 7.6% and +4.0% respectively. Both Jakarta (CGK) and Dubai (DXB) experienced a decline in growth from last year at 6.9% and 8.5% respectively. The
- 8. ITB World Travel Trends Report Predicts 6.1% Growth in 2016
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The ITB World Travel Trends Report is predicting growth of 6.1% in 2016. Asia Pacific remains a leading growth market for world travel with a 5% rise in outbound trips so far this year despite the slowdown in the Chinese economy. Even stronger growth of 6.1% can be expected next year, according to the ITB World Travel Trends Report, which is produced by tourism consultancy IPK Inte
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