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Air passenger demand increases by 11.9 per cent in June 2010: IATA
The International Air Transport Association (IATA) has announced international scheduled traffic statistics for June 2010 which showed continued strong demand growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international passenger demand was up 11.9 per cent while international scheduled freight traffic showed a 26.5 per cent improvement.
Capacity increased only slightly above demand improvements during the month, keeping load factors in line with historical highs at 79.8 per cent for passenger traffic and 53.8 per cent for freight.
Giovanni Bisignani, Director General and CEO, IATA said, “The industry continues to recover faster than expected, but with sharp regional differences. Europe is recovering at half the speed of Asia with passenger growth of 7.8 per cent compared to the 15.5 per cent growth in Asia-Pacific. Outside of Europe, all regions reported double-digit growth in passenger traffic. The question is how long the industry can maintain the double-digit momentum. Business confidence remains high and there is no indication that the recovery will stall any time soon. But, with government stimulus packages tailing off and restocking largely completed, we do expect some slowing over the months ahead.”