Airline traffic growth slows in may amid record load factors
Global airline traffic results for May showed that demand rose 7.7% compared with the same month last year, indicating a slowing of passenger traffic growth from the 10.9% recorded in April but still well ahead of 5- and 10-year average rates, according to statistics released Thursday by IATA. Capacity climbed 6.1% and load factors rose 1.2 percentage points to 80.1%, marking a record high for the month. All regions, excluding the Middle East and North America, posted record-high May load factors. After adjusting for inflation, airfares at the start of Q2 averaged 6% lower than a year ago. IATA estimates that the fall in fares contributed to approximately two-fifths of the annual growth in passenger traffic seen in May. However, the degree of fare stimulus amounted to about half that seen in the second half of 2016. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-07-07/general/airline-traffic-growth-slows-in-may-amid-record-load-factors
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Airline traffic growth slows in may amid record load factors
Global airline traffic results for May showed that demand rose 7.7% compared with the same month last year, indicating a slowing of passenger traffic growth from the 10.9% recorded in April but still well ahead of 5- and 10-year average rates, according to statistics released Thursday by IATA. Capacity climbed 6.1% and load factors rose 1.2 percentage points to 80.1%, marking a record high for the month. All regions, excluding the Middle East and North America, posted record-high May load factors. After adjusting for inflation, airfares at the start of Q2 averaged 6% lower than a year ago. IATA estimates that the fall in fares contributed to approximately two-fifths of the annual growth in passenger traffic seen in May. However, the degree of fare stimulus amounted to about half that seen in the second half of 2016. <br/>
