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IATA: Passenger traffic grew 6.5% in January

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The International Air Transport Association (IATA) has reported global passenger traffic results for January 2019 showing traffic measured in revenue passenger kilometers or RPKs rose 6.5 per cent compared to January 2018.

This was the fastest growth in six months. January capacity (available seat kilometers or ASKs) rose 6.4 per cent, and load factor inched up 0.1 percentage point to 79.6 per cent.

IATA director general and chief executive officer, Alexandre de Juniac said: “2019 has started on a positive note, with healthy passenger demand in line with the 10-year trend line. However, market signals are mixed, with indications of weakening business confidence in developed economies and a more nuanced picture across the developing world.”

International passenger demand rose six per cent in January compared to the same month last year, which was up from a 5.3 per cent rise in December year-over-year. All regions recorded growth, led by Europe for a fourth consecutive month. Capacity increased 5.8 per cent and load factor climbed 0.2 percentage point to 79.8 per cent.

Domestic traffic climbed 7.3 per cent in January, year-on-year, the fastest pace since August and up from 5.6 per cent growth in December. All markets showed growth, with China, India and Russia posting double-digit annual increases. Domestic capacity increased 7.5 per cent and load factor slid 0.1 percentage point to 79.3 per cent.