The International Air Transport Association announces rise in global passenger traffic
The International Air Transport Association (IATA) has announced a demand growth in global passenger traffic results when compared to July 2014.
Total revenue passenger kilometres (RPKs) rose by 8.2 per cent an improvement on the June year-over-year increase of 5.5 per cent. July available seat kilometres (ASKs) increased by 6.5 per cent, and load factor rose 1.4 percentage points to 83.6 per cent.
African airlines traffic numbers had a positive rise for the first time this year, with a 4.9 per cent increase July year over year.
Yet the results remain unpredictable due to weakness in fundamental economic drives.
The African airlines capacity rose by 3.9 percent, with load factor increased by 0/6 percentage points to 70.9 per cent.
IATA’s Director General and CEO, Tony Tyler, said that the positive demand may not continue: “Following a strong summer the outlook heading into autumn is unsettled to say the least. While passenger demand remains healthy, air cargo growth turned negative in July. The downward movement in stock markets around the globe reflects investors’ growing concerns about slowing trade and economic growth in emerging economies, as well as China’s continued shift towards domestic markets.”
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