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Where in the world is air travel growing fastest?

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Load factor still healthiest in Europe, but there are other changes too
Airlines in Europe experienced a 3.7% increase in demand in April versus April 2014. Capacity rose 4.7% and load factor declined 0.8 percentage points to 80.7%, but this is still the highest among the world’s regions. Other parts of the world are seeing more volatile changes, the International Air Transport Association says in its latest report.
Although the signs are that a positive response to the European Central Bank stimulus has faltered owing to firming in the euro and oil prices, economic stimulus is helping to ease downward pressure on demand, IATA says.
Global passenger traffic for April showed robust demand growth compared to April 2014. Total revenue passenger kilometres rose 5.9%. Capacity increased by 6.1% and load factor slipped 0.1 percentage points to 79.4%. Domestic demand grew by 7.2%, outpacing international demand which grew by 5.2% compared to April 2014.
“Demand for connectivity remains strong. That’s positive news,” said Tony Tyler, IATA’s DG and CEO. “But the performance of the industry is multi-tiered. Middle East and Asia-Pacific based carriers led with growth well above the 5.9% average, while carriers in Europe and the Americas were below it. And African airlines reported a contraction compared to the previous year.”
India’s domestic demand jumped 20.7% in April. China’s domestic traffic climbed 15.5%. But Russian air travel remains weak, with a 1.7% rise over the year-ago period, consistent with the economy being in recession.
April international passenger demand rose 5.2% compared to April 2014. Airlines in all regions except Africa recorded growth led by the Asia-Pacific and Middle East.
Asia-Pacific airlines’ April traffic jumped 9%, capacity rose 6.0%, load factor 2.2 percentage points to 78.3%. Middle East carriers’ demand climbed 8.2% in April but this was exceeded by a 13.3% jump in capacity with the result that load factor dropped 3.6 percentage points to 77.2%.
Latin American airlines saw a 6.3% rise in traffic compared to April 2014, capacity rose 7.3%, and load factor slipped 0.7 percentage points to 77.7%. North American airlines had a 0.7% rise in traffic compared to April a year ago, with capacity rising 4.1% and load factor falling 2.6 percentage points to 78.1%.
African airlines’ traffic fell 3.2% in April, while capacity dropped 5%, resulting in a 1.3 percentage point rise in load factor to 67.5%.
TTG Nordic

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