The International Air Transport Association (IATA) announced global passenger traffic results for August showing a strengthening of the healthy demand trend of the last few months. Total revenue passenger kilometers (RPKs) rose 6.8% compared to August 2012. Capacity increases over the year-ago period lagged demand at 5.6%. This pushed the load factor to match the record high of 83.4% set in July 2011. In terms of its Passenger traffic results, African airlines’ traffic climbed 5.4% compared to August 2012. Meanwhile August international air freight demand was up 3.6% on the previous year. That is considerably better than year-to-date performance of a 0.7% expansion. However, African carriers' cargo experienced another decline in freight volumes, down 9.7%.
Thursday, October 3, 2013
Thursday, September 5, 2013
In its July pax & cargo figures, the International Air Transport Association (IATA) has noted that overall global demand for air travel recorded another solid month of growth in July. Overall revenue passenger kilometers (RPKs) were up 5.0% compared to July 2012. All regions were up year-on-year, with emerging markets recording the strongest increases with African airline's pax figures growing 7.5% on July 2012. Overall global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June though African airlines faired for the worse with a 4.9% contraction in July year-on-year.
Monday, August 5, 2013
● IATA: Strong domestic pax traffic in Ghana, Nigeria, Ethiopia & the DRC buoys African growth as cargo ekes up in June.
The International Air Transport Association (IATA) has released its June passenger demand figures showing year-on-year global growth of 6.0%. Africa saw a growth of 11.2% with African airlines benefiting from strong domestic economic growth in key markets such as Ghana, Nigeria, Ethiopia and the Democratic Republic of Congo. While global air freight demand figures showed a 1.2% year-on-year expansion, Africa's figures showed growth in June of 2.4% on June 2012.
Thursday, July 4, 2013
The International Air Transport Association (IATA) announced global passenger traffic results for May 2013 with the global air travel industry continuing its April growth momentum with emerging markets, among them Africa and the Middle East, showing the strongest potential. Compared to the same period last year, overall demand rose 5.6%, while capacity climbed 5.2% pushing the load factor up 0.3 percentage points to 78.1%. Figures for global air cargo markets show that growth has continued to flatline in May, Africa included, broadly following the trend of the last 18 months.
Friday, May 31, 2013
The International Air Transport Association (IATA) has announced global passenger traffic results for April showing a 3.2% increase in demand over April 2012. On the back of strong economic growth, the emerging markets, Africa in particular, are continuing to lead air travel growth, with all regions reporting year-over-year gains.