Demand for air services by passengers increased in August


Global passenger traffic data for August 2019 has shown that demand (measured in total revenue passenger kilometers or RPKs) climbed 3.8% compared to the year-ago period. According to the data released by the International Air Transport Association (IATA), this was above the 3.5% annual increase for July. August capacity (available seat kilometers or ASKs) increased by 3.5%. Load factor climbed 0.3% percentage point to 85.7%, which was a new monthly record, as airlines continue to maximize asset use. 

“While we saw a pick-up in passenger demand in August compared to July, growth remains below the long-term trend and well-down on the roughly 8.5% annual growth seen over the 2016 to Q1 2018 period. This reflects the impact of economic slowdowns in some key markets, uncertainty over Brexit and the trade war between the US and China. Nonetheless, airlines are doing a great job of matching capacity to demand. With passenger load factors reaching a new high of 85.7% this is good for overall efficiency and passengers’ individual carbon footprint,” said Alexandre de Juniac, IATA’s Director General and CEO.

August 2019 (% year-on-year)
World share1 RPK ASK PLF (%-pt)2 PLF (level)3
Total Market  100.0% 3.8% 3.5% 0.3% 85.7%
Africa 2.1% 4.0% 6.1% -1.5% 75.5%
Asia Pacific 34.5% 4.9% 5.4% -0.4% 83.9%
Europe 26.8% 3.6% 3.3% 0.2% 88.9%
Latin America 5.1% 3.4% 0.8% 2.1% 83.3%
Middle East 9.2% 2.6% 1.1% 1.2% 2.1%
North America 22.3% 3.1% 2.3% 0.7% 87.5%
1% of industry RPKs in 2018  2Year-on-year change in load factor 3Load Factor Level

Be the first to comment

Leave a Reply

Your email address will not be published.