Subscribe Free
in Air Transport

Middle East carriers see weak growth in January for passenger demand from previous year

Posted 7 March 2019 · Add Comment

The International Air Transport Association (IATA) announced global passenger traffic results for January 2019 showing traffic (revenue passenger kilometers or RPKs) rose 6.5% compared to January 2018. This was the fastest growth in six months. January capacity (available seat kilometers or ASKs) rose 6.4%, and load factor inched up 0.1 percentage point to 79.6%.

 

Middle East carriers had the weakest growth, with demand up just 1.5% compared to January 2018. Nevertheless, this still was improved over a 0.1% drop in traffic in December. It is premature to say whether this improvement represents a trend. Capacity climbed 3.2% and load factor fell 1.3 percentage points to 75.6%.

Other international Passenger Markets 

International passenger demand rose 6.0% in January compared to the same month last year, which was up from a 5.3% rise in December year-over-year. All regions recorded growth, led by Europe for a fourth consecutive month. Capacity increased 5.8% and load factor climbed 0.2 percentage point to 79.8%.

European carriers' international traffic climbed 7.7% in January compared to the year-ago period, down from an 8.6% annual increase in December. This moderation likely reflects uncertainty over the region's economic situation, including lack of clarity over Brexit. Capacity rose 8.8% and load factor fell 0.9 percentage point to 80.3%.

Asia-Pacific carriers recorded a demand increase of 7.1% compared to January 2018, solidly above the 5.0% growth in December. Capacity rose 5.1%, and load factor surged 1.5 percentage points to 81.7%, second highest among the regions. Healthy regional growth is being underpinned by rising incomes and an increase in the number of airport pairs. 

North American airlines experienced a 4.7% traffic rise over a year ago, improved from a 3.7% annual rise the month before, while capacity climbed 3.5% and load factor increased 1.0 percentage point to 80.6%. Demand is being supported by comparatively strong economic conditions which have delivered a low unemployment rate and bolstered consumer spending.

Latin American airlines' traffic climbed 5.8% in January compared to January 2018. Although this represented a slight softening compared to the growth in December of 6.1%, signs are that passenger volumes have accelerated a little in recent months in seasonally-adjusted terms. Capacity rose 6.7%, however, and load factor slipped 0.7 percentage point to 82.8%, which still was the highest among the regions.

African airlines saw January traffic rise 5.1%, up from 3.8% in December. Concerns continue about the region's largest economies, South Africa and Nigeria, however. The region's capacity rose 2.9%, and load factor jumped 1.5 percentage points to 70.9%.  

 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Wizz Air outlines ambitious GCC plans at the ATM Virtual event

Hungarian low cost carrier Wizz Air has ambitions to become a major force in the GCC once it begins operations from Abu Dhabi this year.

Cargo operator presents PPE to Dubai as a thank you for police efforts

The regional office for the Gulf US cargo operator National Air Cargo has been so impressed with the support of Dubai Police during the coronavirus pandemic that it has donated 100,000 masks and gloves for distribution to the frontline

Why bigger may not be better

The future for air transport? Perhaps a very different format from today’s that will require joined-up thinking from politicians, airports and airlines, suggests Dubai Airports’ CEO, Paul Griffiths. Alan Dron reports.

New flights offered by Emirates as well as resuming transits through its Dubai hub

Following the UAE Federal Government's announcement to lift restrictions on transit passengers services, from 15th June Emirates will offer passenger services to 16 more cities on its Boeing 777-300ER aircraft.

Pegasus relaunches domestic flights

Following the temporary suspension of flights on 28 March 2020 as part of the restrictions to combat the Covid-19 pandemic, Pegasus Airlines has relaunched domestic flights on 1 June 2020 and as of today, 4 June 2020, will be operating 39

Etihad Airways to offer special transfer flights

Etihad Airways will link 20 cities in Europe, Asia and Australia via Abu Dhabi.

GAS_SK2805200920
See us at
SaudiAirshow21BT2011180221MAPS2020 BT1102171120AVMENA20 BT1309100620