IATA reveals modest traffic rise

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The International Air Transport Association (IATA) has revealed a temperance in the pace of demand growth during November 2013, however, global aviation’s overall outlook remains positive.

Total revenue passenger kilometres (RPKs) rose 4.1 percent last November, compared to the previous period in 2012, yet this result was slower than growth figures recorded in October 2013.

Worldwide capacity expanded by 6.1 percent in November 2013, outpacing demand growth.

“Demand growth hit a speed bump in November… but with continued modest improvements in economic conditions the outlook remains positive,” IATA director general and chief executive Tony Tyler said.

International passenger demand rose 4.8 percent in November, while capacity increased 6.3 percent, compared to the same period in 2012 – with all regions experiencing growth bar Africa.

Carriers in the Middle East (+9.7 percent) and Latin America (+6.9 percent) witnessed the greatest demand growth during November, followed by Asia Pacific (+5.5 percent), Europe (+4.1 percent) and North America (+1.7 percent).

Domestic travel as a whole observed demand growth of 3.1 percent in November 2013, while capacity rose 5.6 percent – despite these increases, Australian and U.S. domestic traffic declined.

China (+9.3 percent) led the charge, followed by Russia (+9.2 percent), Brazil (+4.5 percent), India (+3.4 percent), Japan (+3.3 percent), Australia (-1 percent) and the U.S. (-1.2 percent).

Source = ETB News: P.T.
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