in Air Transport

African airlines’ see traffic rise 6.8% in July

Posted 3 September 2018 · Add Comment

The International Air Transport Association (IATA) announced healthy global passenger demand for July with all regions reporting growth.

 

Total revenue passenger kilometers (RPKs) rose 6.2%, compared to the same month last year. While this was down from 8.1% year-over-year growth in June, it nevertheless marked a solid start to the peak passenger demand season. Monthly capacity (available seat kilometers or ASKs) increased by 5.5% and load factor rose 0.6 percentage point to a record high for July of 85.2%.

“The industry posted another month of solid traffic growth. And the record load factor shows that airlines are becoming even more efficient in terms of deploying capacity to meet demand. However, rising costs -- particularly fuel -- will likely limit the stimulus we would expect from lower airfares. Therefore, we do expect to see a continued slowing of growth compared to 2017,” said Alexandre de Juniac, IATA’s Director General and CEO.

African airlines’ July traffic rose 6.8%, second highest among the regions. Although this represented a decline from 11.0% growth recorded in June, the seasonally-adjusted trend remains strong. Capacity rose 3.9%, and load factor jumped 2.1 percentage points to 76.0%. Higher oil and commodity prices are supporting economies in a number of countries. 

International Passenger Markets 

July international passenger demand rose 5.3% compared to July 2017, which was a deceleration compared to the 8.2% growth recorded in June. Total capacity climbed 4.7%, and load factor edged up half a percentage point to 85.0%. All regions reported growth, led by Asia-Pacific for the first time in three months. 

Asia-Pacific airlines’ July traffic rose 7.5% over the year-ago period, a slowdown compared to June growth of 9.6%. Capacity increased 6.0% and load factor rose 1.1 percentage points to 82.1%. Growth is being supported by a combination of robust regional economic growth and an increase in route options for travelers.

European carriers posted a 4.4% rise in traffic for July compared to a year ago, down from 7.1% annual growth in June. On a seasonally-adjusted basis, passenger volumes have been tracking sideways for the past three months, reflecting mixed developments on the economic front and possible traffic impacts related to air traffic control strikes across the region. Capacity rose 3.9%, and load factor climbed 0.5 percentage point to 89.1%, highest among the regions.

Middle East carriers had a 4.8% increase in demand for July, well down on the 11.2% growth recorded for June, although this mainly is attributable to volatility in the data a year ago, rather than any major new developments. The region has been negatively impacted by a number of policy measures over the past 18 months, including the ban on portable electronic devices and travel restrictions. July capacity climbed 6.5% compared to a year ago and load factor dropped 1.3 percentage points to 80.3%.

North American airlines’ traffic climbed 4.1% compared to July a year ago. This was down from 6.0% growth in June, but still ahead of the 5-year average pace for carriers in the region as strong momentum in the US economy is helping underpin a pick-up in international demand for airlines there. July capacity rose 2.8% with the result that load factor climbed 1.1 percentage points to 87.2%, second highest among the regions.

Latin American airlines experienced a 3.8% rise in traffic in July, the slowest growth among the regions and a decline from 5.6% year-over-year growth in June. Capacity rose 4.6% and load factor slid 0.6 percentage point to 84.2%. Signs of softening demand have come alongside disruption from the general strikes in Brazil.

 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Bombardier’s Challenger 350 aircraft reaches 300 deliveries

Bombardier has announced that its industry-leading Challenger 350 aircraft is the fastest business jet in history to reach 300 deliveries in the medium and large categories.

Reforms needed to maximise aviation benefits in South Africa

The International Air Transport Association (IATA) presented its latest study on the economic value of air transport and tourism to South Africa, and identified opportunities for significant expansion over the next 20 years if key

Pegasus Universal Aerospace names Robbie Irons as CEO

South Africa’s Pegasus Universal Aerospace, pioneer of the Vertical Business Jet (VBJ) Pegasus One, has named Robbie Irons as its Chief Executive Officer (CEO).

Ethiopian Airways CEO awarded Honorary Doctorate Degree

Addis Ababa University has conferred an Honorary Doctorate Degree upon Tewolde GebreMariam, Group CEO of Ethiopian Airlines, at the University’s annual graduation ceremony held at the Millennium Hall in Addis Ababa on 13 July, 2019.

Ethiopian Airlines to launch flights to Garowe in Somalia

Ethiopian Airlines and SKYTRAX are to launch flight to Garowe, Somalia, via Bossaso, Somalia effective 15 July 2019.

Securing air service levels for Zimbabwe

The International Air Transport Association (IATA) yesterday met with Zimbabwe’s President, Emmerson Mnangagwa and a high level government delegation, to discuss the contribution of aviation to the country’s economy and

Aviationgate SK1007101019
See us at
MEBAA BT2006260919Dubai AS BT2006211119