Global passenger traffic results for February 2014 shows demand growth of 5.4% compared to February 2013, according to the International Air Transport Association (IATA).
Although this represented a slowdown compared to the January traffic increase of 8.2%, cumulative traffic growth for the first two months of 2014 was 6.9%, which compares favorably with the 5.2% overall growth achieved in 2013.
February capacity rose 5.2% and load factor climbed 0.2 percentage points to 78.1%. All regions except Africa experienced positive traffic growth.
"People are flying. Strong demand is consistent with the pick-up in global economic growth, particularly in advanced economies," said Tony Tyler, IATA's director general and CEO.
February international passenger traffic rose 5.5% compared to the year-ago period. Capacity rose 5.8% and load factor slipped 0.2 percentage points to 76.8%. All regions recorded year-over-year increases in demand.
03/04/14 My Iris
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Although this represented a slowdown compared to the January traffic increase of 8.2%, cumulative traffic growth for the first two months of 2014 was 6.9%, which compares favorably with the 5.2% overall growth achieved in 2013.
February capacity rose 5.2% and load factor climbed 0.2 percentage points to 78.1%. All regions except Africa experienced positive traffic growth.
"People are flying. Strong demand is consistent with the pick-up in global economic growth, particularly in advanced economies," said Tony Tyler, IATA's director general and CEO.
February international passenger traffic rose 5.5% compared to the year-ago period. Capacity rose 5.8% and load factor slipped 0.2 percentage points to 76.8%. All regions recorded year-over-year increases in demand.
03/04/14 My Iris
