Australian domestic aviation demand weakest in world: IATA
The Australian domestic aviation market had weaker demand than any other major region of the world last year, with the number of passengers up just 0.4% and capacity down by 0.2%, according to new data from IATA. The subdued conditions in the Australian market, which has been hit by a downturn in flying in the mining and oil and gas sectors, compared with an average 6.3% rise in demand and 5.2% rise in capacity across major domestic markets such as the US, Russia, India, China, Brazil and Japan. Qantas and Virgin Australia have been cutting capacity in their mainline divisions as a result of weak demand, although they have been boosting capacity at Jetstar and Tigerair Australia. The IATA figures showed domestic demand did improve in the month of December, rising by 3.2% amid a 1.2% rise in capacity. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-05/general/australian-domestic-aviation-demand-weakest-in-world-iata
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Australian domestic aviation demand weakest in world: IATA
The Australian domestic aviation market had weaker demand than any other major region of the world last year, with the number of passengers up just 0.4% and capacity down by 0.2%, according to new data from IATA. The subdued conditions in the Australian market, which has been hit by a downturn in flying in the mining and oil and gas sectors, compared with an average 6.3% rise in demand and 5.2% rise in capacity across major domestic markets such as the US, Russia, India, China, Brazil and Japan. Qantas and Virgin Australia have been cutting capacity in their mainline divisions as a result of weak demand, although they have been boosting capacity at Jetstar and Tigerair Australia. The IATA figures showed domestic demand did improve in the month of December, rising by 3.2% amid a 1.2% rise in capacity. <br/>
