IATA says that air travel demand keeps on rising

Published on : Friday, November 1, 2013

IATAAccording to latest IATA figures, demand for air travel around the world continued to rise in September.


There has been a rise of about 5.5 per cent year on year of total revenue passenger kilometers and the capacity growth falling just short of this rate, at 5.3 per cent. Average load factors, at 80 per cent were in line with those of the previous September.


IATA director general Tony Tyler said strong growth meant there could be a further acceleration in expansion before the end of the year.


They have seen a much positive environment for air travel demand based on rising business confidence and a strong increase in export orders in September and better performance of key emerging markets like China.


In international markets, the Middle East predictably saw the biggest growth, at 10.4 per cent. Capacity here expanded by 13 per cent, pushing load factors down almost two percentage points to 77.2 per cent.


Asia Pacific saw the next strongest growth, with an increase of 8.5 per cent. IATA says this was due to China’s third quarter GDP growth and Japan’s improved economy.


European carriers’ international traffic climbed 3.4 per cent following “modest” economic improvements. IATA said an acceleration in trade growth would help support demand for the remainder of the year.


Globally, domestic travel rose 5 per cent in September, with all markets showing an increase. The highest of these was in India, at 16.4 per cent, which IATA said was inconsistent with its weak economy and a reflection of fare discounting.


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Your email address will not be published.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>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 02 wtm_london17
  • 04 AIME 2018
  • 12 indywood 17
  • 16 TT Warsaw 2017
  • 18 TTF17
  • 19 Emitt 18
  • 19 IITM
  • 43 PATA


Get our toolbar!
Review www.travelandtourworld.com on alexa.com