Home Press Releases IATA Premium Traffic Monitor – November 2015

IATA Premium Traffic Monitor – November 2015

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Key points:
•Passenger travel on international markets was up 3.2% in November year-on-year, overall;
•This is a slowdown on October, and although part of the weakness can be attributed to temporary factors, there are reasons for concern that a downtrend is developing;
•Both economy and premium travel weakened, but there was a notable deceleration in first and business class travel, up just 0.7%;
•Moreover, the latest data shows signs that a downtrend in international passenger numbers is developing;
•At the route-level, the weakness in air travel in November was mostly a result of the Europe-Far East market;
•The strikes at Lufthansa caused some downward impact on the year-on-year comparison;
•But further slowdown in the Chinese economy could be eroding demand, particularly for business-related air travel;
•The outlook for international passenger growth remains mixed because growth during the recent past has been narrowly based and supported by the Within Europe and North Atlantic markets;
•Weakness in other regions, like Asia, has become more of a concern with the November data showing signs of a downtrend developing.

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