Subscribe Free
in Air Transport

Middle East carriers saw a 2.8% demand increase in November

Posted 10 January 2019 · Add Comment

The International Air Transport Association (IATA) announced healthy but moderating global passenger traffic results for November 2018.

 

Total revenue passenger kilometers (RPKs) rose 6.2% compared to November 2017, a slight deceleration from 6.3% growth in October. Capacity (available seat kilometers or ASKs) increased by 6.8% over the year-ago period, and load factor dipped 0.4 percentage point to 80.0%. It was only the third time in two years that load factor fell on a year-to-year basis.

“Traffic is solid. But there are clear signs that growth is moderating in line with the slowing global economy. We still expect 6% demand growth this year. But trade tensions, protective tariffs and Brexit are all uncertainties that overhang the industry,” said Alexandre de Juniac, IATA’s Director General and CEO.

Middle East carriers had a 2.8% demand increase, which was the lowest among the regions for a third consecutive month. Capacity rose 5.6% and load factor slipped 1.9 percentage points to 69.0%.

Other International Passenger Markets

November international passenger demand rose 6.6% compared to the year earlier period, up from 6.2% in October. All regions showed growth, led by carriers in Europe. Total capacity climbed 6.7%, and load factor dipped 0.1 percentage point to 78.4%.

European carriers saw demand increase by 9.0% in November 2018, which was a nine-month high. Given the mixed signs on the economic backdrop in the region it is unclear whether this pace of growth can be sustained. Capacity climbed 9.1% and load factor slipped 0.1 percentage point to 82.1%, the highest load factor among the regions.

Asia-Pacific airlines’ November traffic climbed 6.0% compared to the year-ago period, up from 5.7% growth in October. Capacity also rose 6.0% and load factor was flat at 79.1%. Growth is underpinned by rising living standards and continuing expansion of options for travelers.

African airlines experienced a 5.7% rise in demand compared to November 2017, down from 6.4% in October but higher than the five-year average of 5.8%. Growth is occurring despite challenges in the continent’s largest economies, Nigeria and South Africa. Capacity rose 3.9% and load factor climbed 1.2 percentage points to 68.9%.

 North American airlines’ traffic climbed 6.1%, in November, up from 5.7% in October and well ahead of the five-year average rate of 4.0%. Capacity rose 3.8% and load factor edged up 1.7 percentage points to 80.6%. Demand is supported by comparatively strong momentum in the US economy.

Latin American airlines’ November traffic climbed 5.8% compared to November 2017, which was an increase from 5.2% growth recorded in October. Despite the increase, growth has slowed on a seasonally-adjusted basis. Capacity rose 6.6% and load factor slipped 0.6 percentage point to 80.6%.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Home-grown growth

Saudi low-cost carrier, Flyadeal, is so busy coping with a flood of domestic traffic that it has had to postpone the start of international services, says its CEO. Alan Dron reports.

Etihad Aviation Group marks Zayed Humanitarian Day

Etihad Aviation Group has hosted a wide-range of charity and humanitarian activities to mark the Zayed Humanitarian Day, taking place today, May 24.

AL42 upgrade for Ayjet in Turkey

Ayjet Anatolian Stars Flight Training Organsation (ATO) recently asked Alsim for an upgrade of its existing Alsim simulator to the newest EASA standards.

EgyptAir and Ukraine International Airlines codeshare

EgyptAir and Ukraine International Airlines have launched their new codeshare partnership.

Adcom adds to Algerian force

Footage shown on Algerian national TV and posted by the Algerian Ministry of Defence on its official Facebook page has revealed that two Emirati-developed unmanned air vehicles (UAVs) are now in service with the Algerian Air Force. Jon

Daher’s TBM 940 receives EASA certification

Daher has said its new TBM 940 has been certified by the European Union Aviation Safety Agency (EASA), enabling deliveries to begin with this latest very fast turboprop aircraft version.

ASU SK0603060619
See us at
ACCA19_BT_2404091019DIAC19_BT264161119