Global Passenger Traffic Up 7.2 Pct In August - IATA

Last update: 05/10/2017

KUALA LUMPUR, Oct 5 (Bernama) -- The global passenger traffic demand, measured in total revenue passenger kilometers (RPKs), for August rose 7.2 per cent compared with the corresponding month a year ago, the International Air Transport Association (IATA) said.

At the same time, the upward trend in seasonally-adjusted traffic eased from that seen at the end of 2016. August capacity in available seat kilometers (ASKs) rose by 6.3 per cent and load factor climbed 0.7 per cent percentage points to 84.5 per cent, which was just below the record for the month set in 2015.

"Following the strong summer traffic season in the northern hemisphere, 2017 is on course to be another year of strong traffic growth," IATA's Director-General and Chief Executive Officer Alexandre de Juniac said in a statement today.

However, some important demand drivers are easing, particularly lower fares.

"As we head towards the end of the year we still expect growth to continue, but potentially at a slower pace," he said.....