in Air Transport

African airlines' traffic growth slowed to 5.8% year-on-year in October

Posted 7 December 2016 · Add Comment

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.8% compared to the same month last year. Capacity grew 6.3% and load factor slid 0.4 percentage points to 80.1%.

October’s performance was a slow-down on the 7.1% year-on-year growth rate recorded in September but still was broadly in line with 10-year averages. Domestic and international travel growth largely was in balance.

African airlines' traffic growth slowed to 5.8% year-on-year in October, from 9.1% in September. Economic conditions in parts of the continent remain challenging. Capacity rose 4.3%, and load factor strengthened to 68.8%, up 1 percentage point.

“Passenger demand growth in October was consistent with long-term trends but represented a deterioration compared to September. While the negative traffic impact from terror attacks and political instability in parts of the world has receded, the long downward trend in yield—which helped to stimulate travel--has leveled off. Furthermore, the recent OPEC agreement to restrict oil production suggests fuel prices have ended their slide,” said Alexandre de Juniac, IATA’s Director General and CEO.

International Passenger Markets 

October international passenger demand rose 5.9% compared to October 2015. Airlines in all regions recorded growth. Total capacity rose faster, up 6.6%, causing load factor to slide 0.6% percentage points to 78.6%.

 Asia-Pacific airlines' traffic rose 7% in October compared to the year-ago period. Capacity rose 7.1% and load factor dipped 0.1 percentage point to 76.9%. The strong upward trend in seasonally-adjusted traffic has slowed in recent months, although it is too soon to determine whether this is an actual weakening or just a brief pause. On the other hand the Asia-to-Europe market, which is highly sensitive to shock events, is continuing to recover.

 European carriers saw October demand climb 5.7% over October 2015. Capacity increased 6.2% and load factor slipped 0.4 percentage points to 83.2%. International demand for European carriers appears to be returning to normal after the disruption caused by terrorism and political instability earlier this year.

Middle East carriers experienced a 7% rise in demand in October, the slowest pace for the region in 18 months, although perhaps the timing of regional celebrations could have affected the results. Capacity increased 10%, however, with the result that load factor dropped 2.0 percentage points to 70.1%, its lowest level for the month of October since 2006.

North American airlines' traffic climbed 2.4% in October compared to the year-ago period. While this was the lowest among the regions, on a seasonally-adjusted basis, passenger volumes have still risen at an annualized rate of around 5% since March. Capacity rose 4.9% and load factor dropped 1.9 percentage points to 80.1%.

Latin American airlines had a 7.1% increase in traffic in October, supported by robust demand for international traffic within the region. Capacity climbed at a much slower rate of 2.1%, causing load factor to surge 4 percentage points to 84.3%, highest among the regions.

 

 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

EgyptAir receives fourth Boeing 737-800 NG

EgyptAir has received the fourth Boeing 737-800 NG aircraft.

Dassault selects Honeywell's Jetwave System

Honeywell has said its high-speed broadband Wi-Fi system, designed to provide aircraft with Internet speeds similar to those in homes and offices is now an option for new Dassault Falcon business jets.

Air 26 working to resume operations

Angola's civil aviation authority (Instituto Nacional da Aviação Civil - INAVIC) has grounded local operator Air 26 until further notice citing several safety oversight anomalies, reports ch-aviation.

Air Namibia in talks to acquire SuperJets

Air Namibia is in talks with Sukhoi Civil Aircraft over the proposed acquisition of three SSJ 100-95s, reports ch-aviation.

Azman Air selects Saudi Arabia for its maiden international route

Azman Air has selected Saudi Arabia for its maiden international and intercontinental services, reports ch-aviation.

Jambojet's new Dash 8 Q400 to support expanded flight schedule

Kenyan low-cost airline Jambojet has taken delivery of a new 78-seater Bombardier Dash 8 Q400 aircraft as it prepares to expand flight operations to cover some 25 destinations in eleven countries of the East African sub-region. By

Honneywell ADS-BSK310517
See us at
GroundHandling BT0303280917Aviation Festival BT25114617