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NEWS Last modified on October 2, 2014

IATA reports August traffic pick up

The International Air Transport Association (IATA) says global passenger traffic results for August showed a “slight pick-up” in demand over the previous month.

Total revenue passenger kilometres (RPKs) increased 5.9% compared to August 2013, above the 5.4% year-over-year rise recorded in July, and August capacity climbed 5.5%, the load factor stood at 83.9%, which is a 0.3 percentage point rise over August 2013.

IATA says International passenger traffic rose 6.7% in August, with all regions showing growth over the previous year, while capacity also rose 6.7% and load factor was stable at 84.2%.

Domestic demand rose 4.5% in August compared to August 2013 with all markets reporting growth, led by Russia and India, and domestic capacity climbed 3.4% and load factor rose 0.9 percentage points to 83.4%.

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Tony Tyler, IATA’s director general and CEO, explains: “August was a good month right across the industry. All regions reported an expansion in demand for air travel. And load factors were high, reflecting the fact that August is peak travel season in the Northern hemisphere.

“We should, however, keep an eye on potential downside risks. European travel, for example, continues to show robust growth. The 6.1% year-to-date expansion in demand reflects a solid step up from the 3.8% growth recorded in 2013.

“But it remains a question how long the robust trend in passenger travel can continue in light of the continent’s increasingly worrying economic outlook.”

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