IATA reports solid but slowing growth in international aviation

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

Total revenue passenger kilometres rose 6.2 per cent compared to November 2017, a slight deceleration from 6.3 per cent growth in October.

Capacity (measured in available seat kilometres) increased by 6.8 per cent over the year-ago period, and load factor dipped 0.4 percentage point to 80 per cent.

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 six per cent demand growth this year.

 

“But trade tensions, protective tariffs and Brexit are all uncertainties that overhang the industry,” said Alexandre de Juniac, IATA director general.




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