Wednesday, July 31, 2013

Air passenger demand goes up globally

Mumbai: Air passenger demand has gone up as data released by the International Air Transport Association (IATA) showed a year-on-year growth of 6.0%.
"The robust growth, measured in revenue passenger kilometers (RPK), is ahead of the 4.8% demand growth reported over the first six months of 2013 compared to the same period in 2012," said a statement issued by IATA on Wednesday. It is also ahead of the 5.6% expansion in capacity for June over the previous year. This pushed the passenger load factor to 81.7%, it said. IATA represents some 240 airlines comprising 84% of global air traffic.
"While the strong growth trend was reflected in all regions it should be noted that Asia-Pacific airlines were responsible for half of the increase in RPKs from May to June," it said adding that due to the volatility of Asia-Pacific performance it is too early to say if this acceleration marks a trend for the rest of the year.
31/07/13 Manju V/Times of India
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