Travel Industry News at TravelNewsAsia.com since 1997. Interviews, podcasts, videos, pictures and more
Fri, 7 Dec 2018

Aviation: RPKs Up 6.3% in October 2018

IATA's global passenger traffic results for October 2018 show that demand (measured in revenue passenger kilometers, or RPKs) rose 6.3% compared to the same month last year.

 This marked a rebound from 5.5% growth recorded in September, which was an eight-month low. Capacity also grew 6.3% and load factor was flat at 81.1%, matching last years record for the month.

Octobers healthy performance is reassuring after the slower demand growth in Septembersome of which was attributable to weather-related disruptions. However, the bigger picture is that traffic growth has moderated compared to earlier in the year, reflecting a more mixed economic backdrop and reduced demand stimulation from lower fares, said Alexandre de Juniac, IATAs Director General and CEO.

AirAsia Airbus A320 reg: 9M-AQG and Jetstar Airbus A320 reg:9V-JSF aircraft at Changi Airport in Singapore. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

October international passenger demand rose 6.3% compared to October 2017, up from 5.1% growth in September. Airlines in all regions recorded gains. Total capacity climbed 6.1%, and load factor increased 0.1 percentage point to 79.8%.

 European carriers October demand climbed 7.5% over October 2017, which was the strongest growth among regions and well up on the 5.3% increase for September. Capacity rose 7.0% and load factor edged up 0.4 percentage point to 85.2%, highest among regions. Given mixed signals on the economic situation for the region, its unclear if the rebound is sustainable.

 Asia-Pacific airlines traffic rose 5.8% compared to the year-ago period, up from 5.4% year-over-year growth in September. Capacity climbed 5.4% and load factor rose 0.3 percentage points to 78.9%. Underlying passenger demand is continuing to be supported by structural changes, including rising living standards in the region, as well as network changes that stimulate demand.

 Middle East carriers experienced a 4.4% rise in demand in October compared to last year, slowest among the regions for the seventh time in 12 months. It was, however, an increase over the 3.3% increase in September. Capacity increased 6.4%, and load  factor slid 1.3 percentage points to 69.8%, lowest among regions. Carriers have been buffeted by policy measures and geopolitical tensions in recent years, including the ban on portable electronic devices and travel restrictions. However, while volatile, passenger volumes are trending up solidly in seasonally-adjusted terms.

 North American airlines traffic climbed 5.6% in October compared to the year-ago period, up from 4.9% growth in September. Strong momentum in the US economy is helping to drive robust international demand. Capacity rose 3.7% and load factor surged 1.4 percentage points to 80.4%.

 Latin American airlines were the only carriers to experience a slowdown in growth as demand rose 5.9% versus 6.3% in September. Capacity climbed 9.1%, and load factor dropped 2.4 percentage points to 80.4%.

 African airlines traffic grew 6.8% year-on-year in October, raised from 6% annual growth in September. The upward trend in passenger demand remains strong notwithstanding challenges in the economic backdrop of the continents largest economies, Nigeria and South Africa. Capacity rose 5.5%, and load factor climbed 0.9 percentage point to 70.3%.

Domestic Passenger Markets

Domestic demand climbed 6.4% in October compared to October 2017, unchanged from September, while capacity rose 6.7%. Load factor slipped 0.2 percentage point to 83.3%. China, India and Russia led all markets with double-digit growth rates.

Russia enjoyed double-digit domestic traffic growth for the third consecutive month as traffic rose 11.7% compared to the year- ago period.

 Japans domestic demand recovered after the significant typhoon-related disruptions in September caused traffic to decline 4.7% compared to a year ago. October traffic rose 1.7%.

Demand for air travel is strong as we head into the holiday travel season. Trade wars and uncertainty around the political and economic impact of Brexit remain concerns but the recent easing of fuel prices is a welcome development. In a few days, IATA will hold our annual Global Media Day in Geneva, bringing together more than 100 journalists and bloggers from around the world. We will present our updated economic forecast, among other topics. I always look forward to this opportunity to discuss and debate the key issues and initiatives facing commercial aviation with our colleagues in the media, said de Juniac.

Headlines: Hong Kong Int. Airport Handled Just 8.8 Million Passengers in 2020  Rosewood Signs Very Special Property in Rome, Italy  Cathay Pacific Develops Solution for Vaccine Distribution  Fiji Link Launches Mobile Boarding Passes at Nadi, Suva and Labasa  Latitude 33 Takes Delivery of New Challenger 350 Business Jet  Mesa Opens New Maintenance Hangar at Beja Airport in Portugal  Bangkok Airways Revises Operating Hours of Airports in Thailand  Four Seasons Philadelphia Appoints Charles Lasvigne as Hotel Manager  Singapore Airlines Raises US$500 Million via USD Bond  British Airways Partners Globe-Trotter for 150 Handmade Suitcases  Four Seasons Appoints Albert Au as Executive Chef of Jiang-Nan Chun  All Nippon Helicopters' Airbus H160 Performs Maiden Flight  Travelport Expands Digital Media Solutions with TravelFlan Partnership  Atlas Air to Buy Last Four Brand New Boeing 747 Airplanes  Air Canada to Layoff 1,700 More Employees; Reduces Q1 Capacity  Etihad Airways Launches Children Travel for Free Promotion  Accor Signs First 25hours Hotel in Sydney, Australia  Gordon Ramsay Partners Sunway for First Restaurant in Malaysia  New COVID19 Variants Don't Change the Rules of the Game  Green Light for American Airlines, JetBlue Alliance  DHL Invests in New 13,000㎡ Facility in South Africa  FlyArystan Carried 1.5 Million Passengers in 2020  Dassault Aviation Expands MRO Options  Navy in Asia Pacific Orders Seagull USVs for MCM Operations  Korean Air Receives 5-Star Rating from APEX  IHG Signs Second Crowne Plaza Hotel in Danang, Vietnam  Ascott Reports Record Year; Adds Over 14,200 Units in 71 Properties  Executive Appointments at Delta Cargo  Jeju Air Renews Distribution Agreement with Sabre  Finnair Launches One-Way Fares on Domestic and Intra-Europe Flights  Scandinavian Airlines' President and CEO Resigns  Qatar Airways Resumes Flights to Riyadh, Saudi Arabia  SAS Carried Almost 400,000 Passengers in December  Marriott Signs Dual-Branded Property in Saigon, Vietnam  Cathay Pacific Adds WhatsApp to Customer Service Options  Mandarin Oriental Hong Kong to Complete Renovation on 1 February  Four Seasons Napa Valley to Open Early-Spring  Israir to Dry Lease Etihad's Full-Flight Simulators  Airbus Delivered 566 Commercial Aircraft to 87 Customers in 2020  Tom Kerridge Upgrades Culinary Options on BA's Short Haul Flights  Nicola Russo Joins Capella Ubud as Executive Chef  Aviation: Recovery in Passenger Demand Grinds to a Halt in November  Singapore Airlines Extends PPS Club and KrisFlyer Elite Statuses  Langham Opens Cordis Hotel in Hangzhou, China  Air Cargo Demand Continues to Improve; Capacity Remains Constrained  Assa Abloy Upgrades Hotel Room Locks at Hilton Surfer's Paradise  St. Regis Hotel Opens in Cairo, Egypt  Korean Air Upgrades App and Website  Marriott Opens 55-Room Boutique Hotel in Lucca, Italy  Four Seasons Seychelles Reopens for Private Retreats  Hyatt Opens First Regency Hotel in Cambodia  Bangkok Airways Closes Lounges, Reduces Flights and Delays Launches  Qatar Airways Increases Flights to São Paulo, Brazil  Asia Pacific Airlines Carried Just 1.4 Million Int. Pax in November  Korean Air Delays Changes to SkyPass FFP; Extends Mileage Validity  STR Appoints Isaac Collazo as Vice President of Analytics  IHG Opens Second voco Hotel in France  Cathay Pacific to Operate Number of Flights to London Heathrow  Hong Kong Extends Airport Relief Package  Cathay Pacific Cargo Launches Flights to Riyadh, Saudi Arabia  Marriott Expands JW Brand to Australia with New Gold Coast Hotel  Alaska Airlines Orders More Boeing 737-9 Aircraft  Japan Airlines and Qantas to Form Joint Business  Bombardier Completes Acquisition of Service Centre in Berlin  Aircalin Takes Delivery of First Airbus A320neo  Etihad Airways Launches Charter and Special Flight Services  Shangri-La Offers Free COVID19 Insurance at Hotels in Singapore  Qatar Airways Takes Delivery of 53rd Airbus A350 Aircraft  Lenen Mar A. Porras Joins Cambodia's Dara Hotels Group  Emirates Celebrates Launch of Premium Economy Class with Free Upgrades  Bombardier Receives Firm Order for 10 Challenger 350 Aircraft  Linda Hemels Joins Capella Singapore as EAM - Food & Beverage  Will British & Irish Lions' Tour of South Africa Go Ahead?  Qatar Airways Cargo Takes Delivery of Three More Boeing 777 Freighters  Four Seasons Returns to Bangkok with Brand New Hotel on the River  Cathay Pacific Carried Just 37,815 Passengers in November  Dhaalu Airport Just 7 Minutes from Niyama Private Islands in Maldives  Alma Resort in Vietnam Appoints Two Executive Sous Chefs  Héli-Union Orders Two Airbus H160 Helicopters  Air Canada Operates 4,000th All-Cargo Service Since March  BA CityFlyer to Operate Southampton - Europe Flights  Air Greenland to Replace A330-200ceo with A330-800  Onyx Hospitality Signs First Shama Resort  Lufthansa Signs New Distribution Agreement with Sabre  Air Canada Launches Thrice Weekly Flights to Doha, Qatar  Faradair Aerospace Targets 300 Bio Electric Hybrid Aircraft by 2030  Hi Fly Bids Farewell to Airbus A380  IATA Unveils Key Design Elements of Travel Pass  Plaza Premium and marhaba Form Strategic Partnership  Jesper Soerensen Joins The Standard Huruvalhi Maldives as GM  First Phase of The Londoner Macao to Open in Q1 2021  S Hotels & Resorts Unveils Major Expansion Plans  FedEx Takes Delivery of World's First Purpose-Built ATR Freighter  Rezen to Promote New World and Tongpai Hotels in China  Atomize Appoints Michael McCartan as Chief Growth Officer  IATA Calls for Employees in Aviation to be Considered Essential Workers  Air Canada Appoints Amos Kazzaz as EVP and CFO  Boeing Awarded US$109m Contract for New Zealand P-8A Poseidon Training  IHG Signs First voco Hotel in Vietnam  First Ritz-Carlton Reserve Opens in Japan  China Airlines Expands Cargo Fleet with First of Six Boeing 777F Aircraft  Russian Helicopters Begins Production of First Mi-171A3 Prototype  Air France Adds Bordeaux to Train + Air Service  Air New Zealand to Operate Special Flight for Wildfoods Festival in March  AirAsia X Looking to Raise RM500 Million  Elbit Systems to Upgrade Romanian Air Force's IAR-99 Aircraft  Cebu Pacific Adds Second ATR Freighter to Fleet  Four Points by Sheraton Sydney Central Park Put Up For Sale  Hong Kong Int. Airport Handled 81,000 Passengers in November  British Airways Partners ZeroAvia on Hydrogen-Powered Aircraft Project  Bali Hotels Association Appoints New Chairman and Vice Chair  Charlie Parker Joins Four Seasons Resort Hualalai as General Manager  EcoPulse Hybrid Aircraft Demonstrator Passes Preliminary Design Review  Flair Airlines Appoints Garth Lund as Chief Commercial Officer  Singapore to Lift Border Restrictions for Visitors from Taiwan  Inmarsat's GX5 Delivers Massive Capacity Boost to Europe and Middle East  Scott Kirby Appointed Chairman of Star Alliance's Chief Executive Board  COVID19 Testing Facilities for Departing Pax Open at Hong Kong Airport  Oxford Researchers to Analyse Data from oneworld's COVID19 Trial  ASEAN Tourism Forum 2021 Postponed Until January 2022  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS News Feed and Ticker  Travel Trade Shows in 2020 and 2021  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

See latest HD Video Interviews, Podcasts and other news regarding: IATA, Traffic, RPK.

Receive our Latest Travel News Daily Email free of charge by entering your email address and name in the boxes to the right and clicking subscribe. You can also receive the news by WhatsApp, stay updated with our RSS Feed Free Travel News RSS Feed, and even Add the Headlines to Your Website free of charge. Have questions? Please read our travel news FAQ.

     
Advertising
Advertising
Copyright © 1997-2021 TravelNewsAsia.com