Asian airline traffic continues to soar
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Airlines in the Asia Pacific region continued to experience strong passenger demand in April 2015.
According to the latest data from IATA, passenger traffic in the region, measured in revenue passenger kilometres (RPK), jumped 10.8% in April 2015, compared to the same month last year, while average load factors climbed to 78.4%.
International traffic increased 9.0% compared to April 2014, while several Asian countries saw sharp rises in domestic traffic. This was led by India, where the recent surge in domestic demand continued with a 20.7% jump in domestic RPK and load factors of 82%. China’s domestic traffic increased 15.5% with load factors of 81.5%, while Japanese traffic rose 6.4%, although load factors remain low at 63.3%.
And Asia Pacific’s airlines are now leading the world in terms of growth. Global traffic climbed 5.9% in April, with European traffic growing 3.7% and North American airlines seeing only a 0.7% increase.
“Demand for connectivity remains strong. That’s positive news. But the performance of the industry is multi-tiered. Middle East and Asia Pacific based carriers led with growth well above the 5.9% average, while carriers in Europe and the Americas were below it. And African airlines reported a contraction compared to the previous year,” said Tony Tyler, IATA’s director general & CEO.
For the first four months of the year, Asia Pacific’s air traffic increased 9.5%, with average load factors of 78.4%.
Comments are closed.