Subscribe Free
in Air Transport

Middle Eastern airlines posted a 1.8% traffic increase in September

Posted 8 November 2019 · Add Comment

The International Air Transport Association (IATA) announced global passenger traffic results for September 2019 showing that demand (measured in revenue passenger kilometers or RPKs) climbed 3.8% compared to the same month last year, broadly unchanged from August's performance. Capacity (available seat kilometers or ASKs) increased by 3.3%, and load factor climbed 0.4 percentage point to 81.9%, which was a record for any September.

 

"September marked the eighth consecutive month of below average demand growth. Given the environment of declining world trade activity and tariff wars, rising political and geopolitical tensions and a slowing global economy, it is difficult to see the trend reversing in the near term," said Alexandre de Juniac, IATA's director general and CEO.

Middle Eastern airlines posted a 1.8% traffic increase in September, which was a slowdown from a 2.9% rise in August. Capacity was up just 0.2%, with load factor climbing 1.2 percentage points to 75.2%. International traffic growth continues to be affected by a mix of structural challenges in some of the region's large airlines, geopolitical risks and weaker business confidence in some countries. 

Other international passenger markets 

September international passenger demand rose 3.0%, compared to September 2018, which was a decline from 3.6% year-over-year growth achieved in August. All regions recorded traffic increases, led by airlines in North America. Capacity climbed 2.6%, and load factor edged up 0.3 percentage point to 81.6%. 

Asia-Pacific airlines saw September traffic increase 3.6% compared to the year-ago period, an increase over the 3.3% annual growth recorded in August. Despite the uptick, growth remains well below that seen in 2018. This is occurring amid a weaker economic backdrop in some of the region's key states as well as trade tensions between the US and China and, more recently, between Japan and South Korea. Political unrest in Hong Kong has also contributed to subdued regional demand and led to sharp capacity cuts to/from the hub. Capacity rose 5.0% and load factor slid 1.1 percentage points to 78.2%. 

European carriers experienced a 2.9% rise in September traffic, the region's weakest performance this year and a decline from the 4.2% year-over-year rise recorded in August. In addition to slowing economic activity and faltering business confidence in many of the key European economies, the result was also affected by the demise of a number of airlines, along with pilot strikes. Capacity rose 2.5%, and load factor climbed 0.3 percentage point to 86.9%, which was the highest among regions.

North American carriers' international demand climbed 4.3% compared to September 2018, well up from the 2.9% growth recorded in August and the strongest performance among the regions. Capacity rose 1.6%, and load factor accelerated 2.2 percentage points to 83.0%. Demand is being supported by solid consumer spending and continued job creation.

Latin American airlines had a 1.2% demand increase in September compared to a year ago, which was down from 2.3% growth in August. Capacity fell 1.6% and load factor surged 2.3 percentage points to 82.5%. Latin American carriers continue to face several challenges including some weaker economic and business confidence outcomes, political and social unrest in key states, and currency exposure to the strengthening US dollar.

African airlines' traffic climbed 0.9% in September, a steep fall-off from the 4.1% growth recorded in August. Looking through the recent volatility in the numbers, however, traffic growth for the third quarter of 2019 remains solid at around 3% year-over-year.  Capacity rose 2.5%, however, and load factor dipped 1.1 percentage points to 71.7%.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Middle East and Africa Airlines revenue losses mount

The International Air Transport Association strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario for potential revenue loss by

Air France KLM group wins Sustainability Award at Dubai Airports Excellence Awards

Air France KLM group was the winner of the Sustainability award for 2018 at the third annual Dubai Airports Excellence Awards held at Soho Beach Meydan, on 22 April 2019.

MBRSC releases GIF image showing decline of NO2 in the GCC

Mohammed Bin Rashid Space Centre (MBRSC) has released a GIF image of the decrease in nitrogen dioxide (NO2) concentration in the GCC countries, between 26 November 2019 until 27 March 2020.

Emirates to be bailed out by the Dubai Government

The Dubai Government is set to bail out Emirates Airline after its financial impact of the Covid19 pandemic.

OneWeb files for Chapter 11 restructuring to execute sale process

OneWeb, a communications company, announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern

Pillar Hawk

Locally-assembled BAE Hawks have become the first new Saudi-built fast jet aircraft to fly in home skies, marking a significant step forward for the kingdom’s aerospace industry. Jon Lake reports.

Airport Show SK2702240620
See us at
Arabian Trav Mark BT1603010720AVMENA20 BT1309100620SaudiAirshow21BT2011180221MAPS2020 BT1102171120