Asia Pacific leads aviation growth

Asia Pacific leads aviation growth
By admin


Worldwide airline passenger demand, led by Asia Pacific, remained strong in August with load factors matching record levels, new figures from the International Air Transport Association have shown.

Demand, measured in revenue passenger kilometres, climbed almost 7% while capacity increased by 5.6%. The disparity led to loads of 83.4%, matching the record high set in July 2011.

“August was a positive month for passenger travel. Strong demand and capacity discipline saw load factors match the previous record high,” IATA director general and chief executive Tony Tyler said. “Trading conditions are still tough with high oil prices, stiff competition and regulatory hurdles. But demand growth remains a bright spot with most indications pointing towards acceleration in the fourth quarter.”

Renewed confidence in Europe and North America, coupled with growing stability in emerging markets, was driving the growth, he added.

Asia Pacific recorded growth of 8.6%, the strongest performance of the major regions, with loads up 1.7 percentage points to 81.6%. Capacity climbed 6.3%.

IATA said Australian domestic traffic rose 4.7% with the number of available seats up 2.2%. Loads climbed almost two points to 77.7%.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

Latest News

  • Conferences

Asia Pacific Incentives and Meetings Event announces Knowledge Program details for 2025

The Asia Pacific Incentives and Meetings Event (AIME) has today announced details of its highly anticipated Knowledge Program for the 2025 event to be held at Melbourne Convention and Exhibition Centre (MCEC) in Australia in February. The theme for 2025, “We Matter!” seeks to highlight and celebrate the global business events industry as a powerful […]

  • Hotels

IHG Hotels & Resorts launches exclusive Bledisloe Cup packages for rugby fans

IHG Hotels & Resorts is offering new “money-can’t-buy” packages on the IHG One Rewards Access platform as part of its new Major Partnership with Wallaroos women’s and Wallabies men’s national teams for 2024-25. The IHG Hotels & Resorts set of epic Bledisloe Cup unparalleled experiences are a rugby fan’s dream come true, and are part […]