Airlines in Europe are outperforming their regional competitors when it comes to passenger load factor, according to a report by the International Air Transport Association (IATA).
January’s State of the Region report shows that carriers in Europe continue to achieve higher than the industry-wide outcomes, with passenger load factor at 81.7% for Europe compared to 80% across the sector.
Freight load factor sits at 57.9% for Europe, greater than the industry-wide 51.5% for November.
Elsewhere in the IATA regional report for Europe, data indicates a 32% increase in airplane deliveries in 2019 for carriers in the region
Industry-wide passenger revenue kilometers (RPKs) have experienced a recent slowing in growth, dropping from 6.3% to 6.2% in November. That is still above the 10-year average RPK growth rate of 6.0%
Freight tonne kilometers (FTKs) stood still in November, which was the slowest growth rate in two-and-a-half years. In addition, freight volumes for Asia—the largest market—declined to -1.0% year-on-year.
Despite the falling figures in the East, the smaller Within Europe market remained the best performing regional FTKs with a healthy result of 6.0% in November.
Elsewhere in the IATA regional report for Europe, data indicates a 32% increase in airplane deliveries in 2019 for carriers in the region.
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