IATA shows solid air travel demand

 

The International Air Transport Association has announced that that global passenger traffic results have been showing strong world demand for aviation.

The results find that global passenger traffic data grew 5.4 per cent compared to February 2013.

However, this means a slowdown compared to the January traffic increase of 8.2 per cent and is in comparison to 6.9 per cent cumulative growth.

February capacity rose 5.2 per cent and load factor increased 0.2 per cent points to 78.1 per cent.

IATA’s director general and chief executive officer Tony Tyler said world economic conditions were making flying more affordable for everyone.

“People are flying, strong demand is consistent with the pick-up in global economic growth, particularly in advanced economies,” Mr Tyler said.

Asia Pacific carriers experienced a load increase of 4 per cent compared to February 2013 and capacity was up 5.1 per cent over February 2013.

China’s business flyers also decreased by a third in February 2014. 

Source = ETB News: Tom Neale
Pin It

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>