IATA Healthy April Passenger Demand

Published on : Friday, June 5, 2015

IATAThe International Air Transport Association (IATA) announced global passenger traffic results for April showing robust demand growth compared to April 2014. Total revenue passenger kilometers (RPKs) rose 5.9%. April capacity (available seat kilometers or ASKs) increased by 6.1%, and load factor slipped 0.1 percentage points to 79.4%.

 

 

Domestic demand grew by 7.2%, outpacing international demand which grew by 5.2% compared to April 2014.

 

 

“Demand for connectivity remains strong. That’s positive news. But the performance of the industry is multi-tiered. Middle East and Asia-Pacific based carriers led with growth well above the 5.9% average, while carriers in Europe and the Americas were below it. And African airlines reported a contraction compared to the previous year,” said Tony Tyler, IATA’s DG and CEO.

 

 

Apr 2015 vs. Apr 2014 RPK Growth ASK Growth PLF
International 5.2% 5.9% 78.6
Domestic 7.2% 6.4% 80.8
Total Market 5.9% 6.1% 79.4
YTD 2015 vs. YTD 2014 RPK Growth ASK Growth PLF
International 6.4% 6.1% 78.2
Domestic 6.1% 5.4% 80.3
Total Market 6.3% 5.8% 79.0

International Passenger Markets

 

 

April international passenger demand rose 5.2% compared to April 2014. Airlines in all regions except Africa recorded growth led by the Asia-Pacific and Middle East. Capacity climbed 5.9% and load factor dipped 0.5 percentage points to 78.6%.

 

 

Domestic Passenger Markets

 

 

Domestic travel demand rose 7.2% in April compared to April 2014, with the strongest growth occurring in India and China. Total domestic capacity also was up 6.4%, and load factor was 80.8%, up 0.6 percentage points.

 

 

Apr 2015 vs. Apr 2014 RPK Growth ASK Growth PLF
Australia 0.1% -1.8% 76.8
Brazil 2.3% 0.9% 80.8
China P.R. 15.5% 13.2% 81.5
India 20.7% 8.7% 82.0
Japan 6.4% 2.6% 63.3
Russian Federation 1.7% 13.2% 67.2
US 4.3% 4.4% 85.2
Domestic 7.2% 6.4% 80.8

The Bottom Line:

 

 

“As we head into the traditionally strong summer travel season in the Northern Hemisphere, the outlook for aviation is a mixed picture. Lower oil prices are helping to keep the cost of air travel down. The stronger US dollar, however, may dampen demand in some markets. And it remains to be seen how long robust travel demand can stand up in the face of a trio of bad economic news: unexpectedly poor first quarter performance in the US, continuing weakness in the Eurozone and slowing regional trade in Asia Pacific,” said Tyler.

 

 

Strong passenger demand and cargo weakness will set the scene for the 71st IATA Annual General Meeting and World Air Transport Summit which will be held in Miami 7-9 June 2015.  “In just a few days, the global commercial aviation community will gather in Miami. Miami provides an excellent example of the economic power of connectivity provided by aviation. It is a well-established gateway between North and South America that has grown into a global aviation hub and prime destination for both leisure and business travelers. And that contributes to Miami’s prosperity by creating jobs and driving economic growth,” said Tyler.

 

 

Attendance at the AGM is by invitation only. Accredited media are invited to attend, but must bepre-registered.

 

 

 

Source:- IATA

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