Air Transport Market Analysis
- Air travel markets expanded in June, but the trend in passenger traffic growth has slowed;
- Global passenger markets were 6.2% higher in June than a year ago, but the annualized growth trend in air travel has been just 2% from early 2012 through to June;
- Air freight volumes increased by 0.6% in June compared to May, contributing to the minor recovery seen since late 2011;
- Seasonally adjusted June FTKs are about 2.5% above the 2011 year-end bottom;
- The growth trend in North American air freight has accelerated over recent months, now Middle Eastern and North American airlines both contribute about 45% to the recovery in air freight;
- International passenger markets expanded by 7.4% in June, despite little progress in the growth trend, with Middle Eastern airlines continuing to be the strongest performers;
- On domestic passenger markets, India’s domestic travel contracted 0.7% in June year-on-year; but most other markets showed increase compared to a year ago;
- Passenger load factors slipped further in June compared to May, while improvement in demand has helped support air freight load factors;
- Recent declines in business confidence are weakening the growth trend in air travel, and potential slowdown in world trade momentum could undermine passenger and freight demand in coming months.
- IATA Economics -
Air Transport Market Analysis is a post from: Aviation news – Planegrazy
2012-08-05 09:45:15
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