New Delhi: The revenues earned by airlines per kilometre on a international passenger grew by 6.5 per cent last year, while it was 6.3 per cent for domestic services, an International Air Transport Association report has said.
For the international sector, it was fastest pace since 2010 and well above the 10-year average annual growth of 5.5 per cent. “While the economic backdrop was weaker in 2015 compared to the previous year, passenger traffic received a strong boost from lower air fares. After adjusting for distortions from the rise in the US dollar, global airfares in 2015 were approximately five per cent lower than in 2014,” the report said.
Total traffic growth outstripped the rise in capacity and the global load factor reached an all-time high of 80.3 per cent in 2015. The passenger load factor increased for carriers in all regions except the Middle East, where capacity growth exceeded a 10 per cent increase in passenger traffic.
In the domestic market, the report said there was a wide dispersion in performance by market. The Indian and Chinese domestic markets led the way, with both registering impressive annual growth.
07/02/16 Deccan Herald
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For the international sector, it was fastest pace since 2010 and well above the 10-year average annual growth of 5.5 per cent. “While the economic backdrop was weaker in 2015 compared to the previous year, passenger traffic received a strong boost from lower air fares. After adjusting for distortions from the rise in the US dollar, global airfares in 2015 were approximately five per cent lower than in 2014,” the report said.
Total traffic growth outstripped the rise in capacity and the global load factor reached an all-time high of 80.3 per cent in 2015. The passenger load factor increased for carriers in all regions except the Middle East, where capacity growth exceeded a 10 per cent increase in passenger traffic.
In the domestic market, the report said there was a wide dispersion in performance by market. The Indian and Chinese domestic markets led the way, with both registering impressive annual growth.
07/02/16 Deccan Herald
