IATA: passenger demand growth slows in April

posted on 31st May 2018 by Justin Burns
IATA: passenger demand growth slows in April

Passenger demand measured in revenue passenger kilometres (RPKs) increased by 6.2 per cent in April compared to the same month last year, according to data released by the International Air Transport Association (IATA).

This was a slight fall on the 12-month high of 9.7 per cent March, but still represents growth consistent growth for the air travel industry and traffic was driven by the Asia Pacific region.

IATA said comparisons with the year ago period are impacted by developments a year ago – including the comparatively late timing of Easter in 2017, which boosted April traffic

April capacity (available seat kilometers or ASKs) increased by 5.9 per cent, and load factor climbed 0.2 percentage point to 82.3 per cent, which was a record for the month of April, surpassing last year’s record of 82.1 per cent.

Asia Pacific drove demand with RPKs up 10.9 per cent in April, Africa was up by 0.9 per cent, Europe 3.7 per cent, Latin America 5.5 per cent, Middle East 3.9 per cent and North America 3.7 per cent.

IATA’s director general and chief executive officer, Alexandre de Juniac said: “Demand for air transport continues to be above the long-term trend. However, increases in airline cost inputs, most notably fuel prices, means that we are unlikely to see increased stimulation from lower fares in 2018, compared to previous years.”