Published on : Monday, April 10, 2017
IATA said that total revenue passenger kilometers (RPKs) rose 4.8% year-on-year for February. According to IATA, February was a leap month, with the underlying growth rate estimated at 8.6%, just under January’s rise of 8.9%.
Monthly capacity (available seat kilometers) increased by 2.7%, while load factor rose to 79.5%, the highest ever recorded for February. IATA said that the price of air travel has fallen by more than 10% over the past year. To quote IATA director-general Alexandre de Juniac, “Although we remain concerned over the impact of any travel restrictions or closing of borders, we have not seen the attempted US ban on travel from six countries translate into an identifiable traffic trend. Overall travel demand continues to grow.”
Compared to February 2016, February 2017 international passenger demand rose 5.8%.
Total capacity climbed 3.4% and load factor rose to 78.4%. Domestic travel demand rose 3.3% year-in-year in February, down from 8.7% in January.