IATA: European airlines lead traffic growth
Latest IATA global passenger traffic results show European carriers leading the way with 8.8% growth in RPKs.
The International Air Transport Association (IATA) has released global passenger traffic results for November 2018. Total revenue passenger kilometers (RPKs) rose 6.2% compared to November 2017, a slight deceleration from 6.3% growth in October. Capacity (available seat kilometers or ASKs) increased by 6.8% over the year-ago period, and load factor dipped 0.4 percentage point to 80.0%.
Alexandre de Juniac, IATA’s Director General and CEO, said the association was still expecting 6% demand growth in 2019.
November international passenger demand rose 6.6% compared to the year earlier period, up from 6.2% in October. All regions showed growth, led by carriers in Europe. Total capacity climbed 6.7%, and load factor dipped 0.1 percentage point to 78.4%.
European carriers saw demand increase by 9.0% in November 2018, which was a nine-month high.
Asia-Pacific airlines’ November traffic climbed 6.0% compared to the year-ago period, up from 5.7% growth in October.
Middle East carriers had a 2.8% demand increase, which was the lowest among the regions for a third consecutive month.
North American airlines’ traffic climbed 6.1%, in November, up from 5.7% in October and well ahead of the five-year average rate of 4.0%.
Latin American airlines’ November traffic climbed 5.8% compared to November 2017, which was an increase from 5.2% growth recorded in October.
African airlines experienced a 5.7% rise in demand compared to November 2017, down from 6.4% in October but higher than the five-year average of 5.8%.
Meanwhile, domestic travel demand rose 5.6% in November 2018 compared to the same month in 2017, its slowest pace in 11 months and down from 6.5% in October. All markets except Australia showed growth. India’s domestic traffic rose 13.3% in November compared to November 2017, marking the 51st consecutive month of double-digit domestic growth.