IATA announce January passenger traffic results

The International Air Transport Association (IATA) has announced its global passenger traffic results for January 2016 showing a rise in demand.
Time Aerospace thumbnail
Revenue Passenger Kilometres (RPKs) rose 7.1% since January 2015, ahead of the 2015 full year growth rate of 6.5%.
 
January capacity rose by 5.6%, with load factor increasing to 78.8%.
 
“January maintained the strong traffic growth trend seen in 2015, showing the resilience of demand for connectivity despite recent turmoil in equity markets. The record load factor is a result of strong demand for our product and airlines making the most productive use of their assets,” said Tony Tyler, IATA’s Director General and CEO.
 
Middle East carrier had the largest year-over-year demand growth, rising by 10.9%, which was aided by network and fleet expansion. Capcity rose by 12.9%, but load factor fell by 1.4 percentage points to 77.8%.