Airlines

IATA: Solid passenger demand, record load factor in June

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Global passenger traffic demand measured in revenue passenger kilometres rose by five per cent in June, according the International Air Transport Association (IATA).

This was up slightly from the 4.7 per cent year-over-year growth recorded in May. June capacity (available seat kilometers or ASKs) increased by 3.3 per cent, and load factor rose 1.4 percentage points to 84.4 per cent, which was a record for the month of June.

Regionally, demand in Africa was up 11.7 per cent, Asia Pacific 4.7 per cent, Europe 5.7 per cent, Latin America 4.9 per cent, the Middle East 7.8 per cent and North America 3.1 per cent.

“June continued the trend of solid passenger demand growth while the record load factor shows that airlines are maximizing efficiency. Amid continuing trade tensions between the US and China, and rising economic uncertainty in other regions, growth was not as strong as a year ago, however,” said Alexandre de Juniac, IATA’s director general and CEO.

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