Global Air Traffic Rises in October
Global passenger air traffic rose by 6.3 percent in October compared with the same month in 2017.
Global passenger air traffic rose by 6.3 percent in October compared with the same month in 2017.
December 10, 2018
This marked a rebound from 5.5 percent growth recorded in September, which was an eight-month low. Capacity also grew 6.3 percent and load factor was flat at 81.1 percent, matching last year’s record for the month.
Alexandre de Juniac, IATA’s director general and CEO, said October’s healthy performance is reassuring after the slower demand growth in September. However, he added, the bigger picture is that traffic growth has moderated compared with earlier in the year, reflecting a more mixed economic backdrop and reduced demand stimulation from lower fares. North American airlines’ traffic climbed 5.6 percent in October compared with the year-ago period, up from 4.9 percent growth in September. Capacity rose 3.7 percent and load factor surged 1.4 percentage points to 80.4 percent. Strong momentum in the US economy is helping to drive robust international demand.
by Dan Booth
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |