IATA: passenger demand jumps 6.3% in October
IATA has announced global passenger traffic results for October, showing a 6.3% increase in demand compared to the same month last year.
The International Air Transport Association (IATA) announced global passenger traffic results for October showing a 6.3% increase in demand compared to the same month last year. This marked a rebound from 5.5% growth recorded in September, which was an eight-month low.
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 led the way with a 7.5% improvement over October 2017, well up on the 5.3% increase for September. Asia-Pacific airlines followed with 5.8%, up from 5.4% year-over-year growth in September.
North American airlines’ traffic climbed 5.6% in October compared to the year-ago period, up from 4.9% growth in September. Middle East carriers experienced a 4.4% rise in demand 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.
Domestic demand climbed 6.4% in October compared to October 2017, unchanged from September. China, India and Russia all posted double-digit growth rates.