Dubai PR Network, Online Press Release from Dubai and Middle East
 
Aviation, Airline & Aerospace(Travel & Tourism)
Filter PR by
  
Another Strong Year for Air Travel Demand in 2016
 

Dubai, UAE, February 2, 2017:  The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to 2015, pushing the load factor up 0.1 percentage points to a record full-year average high of 80.5%. 

A particularly strong performance was reported for December with an 8.8% rise in demand outstripping 6.6% capacity growth.

“Air travel was a good news story in 2016. Connectivity increased with the establishment of more than 700 new routes. And a $44 fall in average return fares helped to make air travel even more accessible. As a result, a record 3.7 billion passengers flew safely to their destination. Demand for air travel is still expanding. The challenge for governments is to work with the industry to meet that demand with infrastructure that can accommodate the growth, regulation that facilitates growth and taxes that don’t choke growth. If we can achieve that, there is plenty of potential for a safe, secure and sustainable aviation industry to create more jobs and increase prosperity,” said Alexandre de Juniac, IATA’s Director General and CEO.  

International Passenger Markets
International passenger traffic rose 6.7% in 2016 compared to 2015. Capacity rose 6.9% and load factor fell 0.2 percentage points to 79.6%. All regions recorded year-over-year increases in demand. 

  • Asia Pacific carriers recorded a demand increase of 8.3% compared to 2015, which was the second-fastest increase among the regions. This pace is considerably ahead of the five-year growth average of 6.9%. Capacity rose 7.7%, pushing up the load factor 0.4 percentage points to 78.6%.
  • European carriers’ international traffic climbed 4.8% in 2016. Capacity rose 5.0% and despite a decline of 0.1 percentage points to 82.8%, the load factor remains the highest among the regions. European carriers particularly benefitted from an improvement in the second half of the year—passenger volumes have been increasing at an average of 15% year-over-year since June, easily compensating for a slight decline over the first six months of 2016. 
  • North American airlines saw demand rise 2.6% in 2016. Most of the growth occurred in the second quarter, and traffic has been strongest on Pacific routes. The North Atlantic, by contrast, has been fairly flat. Capacity rose 3.3%, reducing the load factor by 0.5 percentage points to 81.3%. 
  • Middle East carriers had the strongest regional annual traffic growth for the fifth year in a row. RPKs expanded 11.8%, consolidating the region’s position as the third-largest market for international passengers. Capacity growth (13.7%) continued to outstrip demand, with the result that the load factor fell 1.3 percentage points to 74.7%.
  • Latin American airlines’ traffic rose 7.4% in 2016. Capacity rose 4.8% and load factor strengthened by 1.9 percentage points to 81.3%. International traffic from Latin America remains very healthy despite some economic and political uncertainty in the region’s largest market, Brazil.  
  • African airlines had their best growth performance since 2012, up 7.4%. Growth is being underpinned by strong demand on routes to/from Asia and the Middle East. Capacity exactly matched demand, with the result that the load factor remained flat at 67.7%. 

Domestic Passenger Markets
Domestic air travel rose 5.7% in 2016. Capacity rose 5.1% and load factor was 82.2%, up 0.5 percentage points over 2015. All major markets except Brazil showed growth, but India and China, with RPK expansion of 23.3% and 11.7% respectively, were the stand-out performers. These markets have been underpinned by additional routes and increasing flight frequencies, with the latter looking set to continue in 2017.

  • Brazil’s domestic air travel was the only market to show a decline in 2016 (-5.5%), reflecting the country’s economic situation. Carriers did, however, succeed in improving the load factor to 80.1%, the highest since IATA began tracking this metric in 1990. 

The Bottom Line: “Our freedom to connect through air travel drives prosperity and enriches societies. That freedom can only be given its fullest expression when governments facilitate the movement of people and goods. Security and competitiveness, of course, must always be top of mind for governments. And the four billion people who will travel by air this year are an opportunity to build an even better world through the positive impacts of globalization—mutual understanding, innovation and business opportunities among them. Aviation is the business of freedom. And we must defend its social and economic benefits from barriers to travel and protectionist agendas,” said de Juniac.

Posted by : Dubai PR Network Editorial Team
Viewed 10260 times
PR Category : Travel & Tourism
Posted on : Thursday, February 02, 2017  2:54:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : A Year of Sustained Growth for Etihad Airways in 2016 as It ...
Next Story : Mohammed bin Rashid Space Centre (MBRSC) announces its bid t...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Wellbeing Medical Centre - ULTRAFORMER III Best and latest Anti-Ageing treatments [12035-Views]
Finally a Body that fits you! Cryolipolysis Fat Freeze [11602-Views]
Sandro Announces Expansion within The Middle East [10962-Views]
Middle East and African beauty and personal care market to grow to US$34.5 billion by 2021... [9961-Views]
IKEA Introduces Limited Edition Art Event 2017' Contemporary Drawing Collection [9046-Views]
Chlo eyewear introduces the new "Nola" sunglasses collection [9016-Views]
Introducing JOHNSON'S NEW Vita-Rich range with Cocoa Butter [8461-Views]
Dubai Design & Fashion Council Launches DDFC Membership to Support Sustainable Development... [8394-Views]
COÉGA Sunwear Teams Up With GO Sport on Exclusive SS17 Swimwear Collection [8320-Views]
Nautica Spring 2017 Collection [7235-Views]
Ulysse Nardin Marine Regattav [7186-Views]
Win up to 30 Kilos of Gold in 18 Days at Malabar Gold & Diamonds [7149-Views]
Paule Ka Launches New Fall/Winter 2017 Collection in Dubai [6942-Views]
du Football Champions awarded Gold for its successful engagement of UAE youth [6795-Views]
Sheikh Khalid Al Qassimi Steers Peugeot 3008DKR to Victory [6673-Views]
Interstuhl launches VINTAGEis5 chair in the GCC [6655-Views]
Al-Futtaim Motors launches the UAE's first hybrid truck [6606-Views]
TRESemme Hair Academy Launches in Arabia with Georges Mendelek and Alanoud Badr [6167-Views]
Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in th... [6167-Views]
World's first reinforced Arc7 class LNG carrier maiden port calls go smooth as ice, thanks... [5917-Views]
Tame Your Beard with The Art Of Shaving [5826-Views]
H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis [5795-Views]
HP Inc. launches World's Most Advanced and Secure A3 Printers in the UAE [5758-Views]
ESCADA Amelia - Diamond timepiece [5636-Views]
Denim Days with GUESS and F&F [5386-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories