The International Air Transport Association (IATA) has welcomed an increase in the latest passenger figures as airlines continue to maximize asset efficiency in challenging circumstances.
Demand—measured in revenue passenger kilometers (RPKs)—climbed 3.3% year-on-year in November 2019.
In addition, capacity—measured in available seat kilometers (ASKs)—rose by 1.8% and load factor hit a November record as it increased 1.1% to 81.1%.
Positive developments in the US-China trade talks, in tandem with signs of improving business confidence, could support an uptick in travel demand
“November’s moderate result reflects the continuing influence of slower economic activity, geopolitical tensions and other disruptions, including strikes in Europe,” said Alexandre de Juniac, IATA’s Director General and CEO.
“On the plus side, positive developments in the US-China trade talks, in tandem with signs of improving business confidence, could support an uptick in travel demand.
“In the meantime, continued modest capacity growth is helping to maximize asset efficiency.”
Overall, global passenger demand increased by 3.1% in November compared to the year-ago period.
The figures are a slight increase from the 3.0% year-on-year growth recorded in October.
In the regional markets, all areas saw an increase in international passenger traffic except Latin America. Capacity climbed 0.7% while load factor rose 1.8% to 80.1%.
- For the full regional performance, click here