Home Press Releases IATA: Airlines Financial Monitor – April 2015

IATA: Airlines Financial Monitor – April 2015

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Key points from our full report on airline financial performance in March-April

•Worldwide airline share prices fell 1.5% in April, responding to the strength of the US dollar, but are still up 23% on a year ago;
•Crude oil prices rallied in April/May, up 20% on the March low, as growth in inventories slows in the US;
•Initial Q1 financial results show continued gains in the US and a positive turn-around in Asia Pacific;
•Passenger yields in the US have started to weaken and fares in other regions fell further, reflecting downward pressure from earlier declines in fuel related costs as well as exchange rate distortions;
•Air transport volumes continued to expand robustly, as FTKs volumes moderate after February spike;
•Growth in seats rebounded in March, but remains below expansion in volumes;
•Air freight load factors continued sideways trend in March as passenger loads start to improve;
•Despite lower oil prices, airlines have been increasing capacity at a slower rate than growth in demand.

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