Subscribe Free
in Air Transport

Middle East carriers experienced a 7% rise in demand in October

Posted 8 December 2016 · Add Comment

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.8% compared to the same month last year. Capacity grew 6.3% and load factor slid 0.4 percentage points to 80.1%.

October’s performance was a slow-down on the 7.1% year-on-year growth rate recorded in September but still was broadly in line with 10-year averages. Domestic and international travel growth largely was in balance.

Middle East carriers experienced a 7% rise in demand in October, the slowest pace for the region in 18 months, although perhaps the timing of regional celebrations could have affected the results. Capacity increased 10%, however, with the result that load factor dropped 2.0 percentage points to 70.1%, its lowest level for the month of October since 2006.

“Passenger demand growth in October was consistent with long-term trends but represented a deterioration compared to September. While the negative traffic impact from terror attacks and political instability in parts of the world has receded, the long downward trend in yield—which helped to stimulate travel--has leveled off. Furthermore, the recent OPEC agreement to restrict oil production suggests fuel prices have ended their slide,” said Alexandre de Juniac, IATA’s Director General and CEO.

International Passenger Markets

October international passenger demand rose 5.9% compared to October 2015. Airlines in all regions recorded growth. Total capacity rose faster, up 6.6%, causing load factor to slide 0.6% percentage points to 78.6%.

Asia-Pacific airlines' traffic rose 7% in October compared to the year-ago period. Capacity rose 7.1% and load factor dipped 0.1 percentage point to 76.9%. The strong upward trend in seasonally-adjusted traffic has slowed in recent months, although it is too soon to determine whether this is an actual weakening or just a brief pause. On the other hand the Asia-to-Europe market, which is highly sensitive to shock events, is continuing to recover.

European carriers saw October demand climb 5.7% over October 2015. Capacity increased 6.2% and load factor slipped 0.4 percentage points to 83.2%. International demand for European carriers appears to be returning to normal after the disruption caused by terrorism and political instability earlier this year.

North American airlines' traffic climbed 2.4% in October compared to the year-ago period. While this was the lowest among the regions, on a seasonally-adjusted basis, passenger volumes have still risen at an annualized rate of around 5% since March. Capacity rose 4.9% and load factor dropped 1.9 percentage points to 80.1%.

Latin American airlines had a 7.1% increase in traffic in October, supported by robust demand for international traffic within the region. Capacity climbed at a much slower rate of 2.1%, causing load factor to surge 4 percentage points to 84.3%, highest among the regions.

African airlines' traffic growth slowed to 5.8% year-on-year in October, from 9.1% in September. Economic conditions in parts of the continent remain challenging. Capacity rose 4.3%, and load factor strengthened to 68.8%, up 1 percentage point.

 

 

 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Emirates to receive 100th A380 aircraft in November

Emirates is set to receive its milestone 100th A380 aircraft on November 3.

Louvre Abu Dhabi signs landmark partnership with Etihad Airways

Louvre Abu Dhabi has signed the first exclusive platinum partnership with Etihad Airways.

SITA CEO rallies airlines and airports in community fight against cyber threats

The air transport industry has cybersecurity as a top priority with 95% of airlines and 96% of airports investing resources into major cybersecurity programmes or pilots over the next three years.

Germania flight lands in Sharm El Sheikh

Germania flight took off from Berlin-Schönefeld headed for Sharm El Sheikh in Egypt with 201 passengers on board. With a second aircraft now based at Schönefeld, Germania is flying this route, among others, once a week during the winter

Trump pressured to export Reaper to the Middle East

A group of 20 Republican and two Democrat members of the US House of Representatives, led by Congressman Duncan Hunter, have written to President Donald Trump asking him to approve export sales of the General Atomics MQ-9 Reaper armed

Emirates and Qantas to renew their vows

Emirates and Qantas are hoping to continue their special relationship and have applied to the the Australian Competition and Consumer Commission (ACCC) to renew their alliance.

TAA SK 12MTHS16
See us at
Aviation Show 267291117DASAS BT3006161117DAS BT1105161117Aviation Africa BT18418Global Aerospace BT28218DIAC BT1105121117AIME BT1204240118