IATA: Air travel records fastest first-half growth in 12 years
IATA has announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometres) rose by 7.8% compared to last year. This was in line with the 7.7% growth recorded in May, with all regions reporting growth. June capacity (in available seat kilometers) increased by 6.5%, while load factors rose one percentage point to 81.9%. For the first 6 months of 2017, the industry experienced a 12-year high in traffic growth (7.9%) and a record first half load factor of 81%. “A brighter economic picture and lower airfares are keeping demand for travel strong. But as costs rise, this stimulus of lower fares is likely to fade. And uncertainties such as Brexit need to be watched carefully. Nonetheless, we still expect 2017 to see above-trend growth,” said Alexandre de Juniac, IATA DG. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-08-16/general/iata-air-travel-records-fastest-first-half-growth-in-12-years
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IATA: Air travel records fastest first-half growth in 12 years
IATA has announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometres) rose by 7.8% compared to last year. This was in line with the 7.7% growth recorded in May, with all regions reporting growth. June capacity (in available seat kilometers) increased by 6.5%, while load factors rose one percentage point to 81.9%. For the first 6 months of 2017, the industry experienced a 12-year high in traffic growth (7.9%) and a record first half load factor of 81%. “A brighter economic picture and lower airfares are keeping demand for travel strong. But as costs rise, this stimulus of lower fares is likely to fade. And uncertainties such as Brexit need to be watched carefully. Nonetheless, we still expect 2017 to see above-trend growth,” said Alexandre de Juniac, IATA DG. <br/>
