Desire for air travel across the globe remains healthy despite rising fuel prices.

Passenger demand

International Air Transport Association (IATA) Director General and CEO Alexandre de Juniac has welcomed "solid" global passenger traffic results growth in May.

Demand, measured in revenue passenger kilometers (RPKs), rose 6.1% compared to May 2017 and provided slight growth from 6.0% experienced in April of this year.

Despite revealing concerns about the impact of rocketing fuel prices, de Juniac praised the rise with the view that demand for air travel remains healthy across the globe.  

Jet fuel prices are expected to be up nearly 26% this year compared to 2017. Nevertheless, the record load factor for the month signifies that demand for air connectivity is strong

"May was another solid month in terms of demand growth," he said. 

"As had been expected, we saw some moderation, as rising airline costs are reducing the stimulus from lower airfares. In particular, jet fuel prices are expected to be up nearly 26% this year compared to 2017. 

"Nevertheless, the record load factor for the month signifies that demand for air connectivity is strong."

In the breakdown, international passenger traffic demand rose 5.8% in May, up from 4.6% the previous month. All regions recorded growth, with Asia-Pacific leading the way with an 8.0% rise in RPKs.

Domestic demand also rose, hitting 6.6% in May compared to 12 months previous. This was led mostly due to growth in China and India, although it suffered a 2.0% fall from 8.6% year-on-year growth in April.

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