IATA's global passenger traffic results for
August 2015 show a continuation of the strong growth in air travel
demand for both domestic and international traffic.
Total revenue passenger kilometers (RPKs) rose
7.1% year-on-year. 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 sustainably. The record high load factor of
84.7% is a great indicator of improved efficiency - a 17
percentage point increase over the industry’s performance a decade
ago. This is just one indicator of the aviation industry’s
determination to achieve carbon neutral growth from 2020."
August international passenger demand rose 7.1%
compared to the same month last year, with airlines in all regions
recording growth, led by Middle East carriers. Total capacity
climbed 5.8% pushing load factor up 1.0 percentage point to 85.2%.
Asia Pacific airlines’ August traffic surged 7.7% compared
to a year-ago. Capacity rose 5.8% and load factor
increased 1.5 percentage points to 82.5%. While emerging Asia has
experienced notable declines in trade activity this year as well
as slower than expected growth in China, neither factor appears to
be impacting international air travel on the region’s carriers.
European carriers saw traffic increase by 5.7%.
Economic recovery in the Eurozone is supporting demand for
international travel. Capacity climbed 4.1% and load factor rose
1.3 percentage points to 88.3%, highest among the regions.
North American airlines’ traffic rose 4.5% year-on-year.
Capacity climbed 3.7% and load factor rose 0.6 percentage points
to 87.2%. Expectations for better economic performance are
supporting demand for air travel in the region.
Middle East carriers’ August demand jumped 13.7% over the same
month in 2014. Major economies in the Middle East, including Saudi
Arabia and the United Arab Emirates, have experienced slowdowns in
non-oil sectors but the growth rates remain robust. Capacity
nearly kept pace at 13.5% and load factor edged up 0.1 percentage
points to 83.7%.
Latin American airlines experienced
a 6.7% rise in traffic compared to August a year ago. Capacity
exceeded demand at 7.1% and load factor slipped 0.3 percentage
points to 82.0%. Latin America was the only region to see a
decline in load factors. Despite recessionary conditions in Brazil
and Argentina, improving regional trade volumes provided a boost
to business-related international travel.
airlines’ traffic rose 3.6% in August year-on-year, which was the
slowest growth among the regions but the second consecutive month
of growth. Capacity increased 2.9%, with the result that load
factor improved 0.5 percentage points to 75.2%. Adverse economic
developments in parts of the continent including Nigeria, the
largest economy, suggest that Africa will continue to experience
weak growth at best.
Domestic Passenger Markets
Domestic travel demand rose 7.1% in August compared to August
2014, with double-digit growth occurring in India, China and
Russia while both Brazil and Japan saw declines compared to the
year-ago period. Domestic capacity was up 6.1%, and load factor
improved 0.8 percentage points to 83.8%.
India’s domestic demand surged 18.3% in
August compared to a year ago, largely reflecting increases in
service frequencies and economic strength.
domestic traffic slipped 2.1% year-to-year. Although the economy
remains fragile, the expectation is that a weak yen should support
domestic demand over international trips.
“Although the global economic outlook is decidedly mixed,
demand for aviation connectivity remains strong. We are seeing the benefits of that connectivity play out at the
Rugby World Cup
taking place in England. Over 450,000 international fans are
expected to attend the six-week pinnacle event of the sport. Ernst
and Young estimate that they will directly spend GBP 870 million
and add GBP 2.2 billion to the UK economy. Aviation is helping to
make this enormous infusion of spending possible. One can only
speculate how much more value would be created for the UK’s
economy, were it not for the punitive UK Air Passenger Duty,” said
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