Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Travel, Tourism and Hotels


9 April 2017 (Geneva) - The International Air Transport Association (IATA) announced global passenger traffic results for February showing a second month of strong demand growth to begin 2017. 

Total revenue passenger kilometers (RPKs) rose 4.8%, compared to the same month last year. Although this was below growth achieved in January, year-to-year comparisons are distorted because February 2016 was a leap month. Adjusting for the one fewer day this year, the underlying growth rate was estimated at 8.6%, just under January's increase of 8.9%. Monthly capacity (available seat kilometers or ASKs) increased by 2.7%, and load factor rose 1.6 percentage points to 79.5%, which was the highest ever recorded for February. 

“The strong demand momentum from January has continued, supported by lower fares and a healthier economic backdrop. Although we remain concerned over the impact of any travel restrictions or closing of borders, we have not seen the attempted US ban on travel from six countries translate into an identifiable traffic trend. Overall travel demand continues to grow at a robust rate,” said Alexandre de Juniac, IATA's Director General and CEO. 

IATA estimates that allowing for inflation, the price of air travel has fallen by more than 10% in real terms over the past year, accounting for more than half the growth in RPKs in early 2017. 

International Passenger Markets

February international passenger demand rose 5.8% compared to February 2016, which was down compared to the 9.1% yearly increase recorded in January. Adjusting for the leap year, however, growth actually accelerated slightly compared to January. Total capacity climbed 3.4%, and load factor rose 1.8 percentage points to 78.4%.

•    European carriers saw February demand increase by 6.5% compared to a year ago. Traffic has resumed its growth after the terrorist disruptions in 2016, supported in part by momentum in the regional economy. Capacity climbed 3.4% and load factor surged 2.4 percentage points to 81.1%. 

•    Asia-Pacific airlines' February traffic rose 5.2% compared to the year-ago period, maintaining the strong momentum of the past few months. Intra-Asia traffic remains robust and conditions on the Asia-Europe route have continued to recover from last year's terrorism-related slowdown. Capacity increased 2.9% and load factor climbed 1.7 percentage points to 79.8%.

•    Middle East carriers had the strongest growth, with a 9.5% demand increase in February compared to a year ago. Capacity rose 7% and load factor climbed for a fourth consecutive month to 74.3%, up 1.8 percentage points over last year.

•    North American airlines' traffic climbed 0.3%, which was the slowest among the regions. However, adjusting for the leap year, growth was estimated at 3.4%. Traffic to/ from Asia continues to move upward but transatlantic demand has trended sideways since mid-2016. Capacity inched up 0.1% and load factor edged up 0.1 percentage point to 75.9%. 

•    Latin American airlines saw February traffic rise 5.9% compared to February 2016. Capacity increased by 2.8%, boosting load factor 2.3 percentage points to 81.4%, highest among the regions. Robust international demand within South America is offsetting weaker traffic to North America, which has trended downward since mid-2015 and fell by 3.4% in January, the most recent month for which route-specific results are available.

•    African airlines continued their recovery, with February traffic up 7.1% compared to a year ago. This mainly reflects the upturn on the key route to/from Europe, offsetting struggles in the region's biggest economies of Nigeria and South Africa. Capacity rose 2.3%, and load factor jumped 2.9 percentage points to 66.0%. 

Domestic Passenger Markets

Domestic travel demand rose 3.3% in February compared to February 2016, reduced from 8.7% in January, but again, the leap year effect greatly exaggerated the slowdown. Results varied widely as Australia, Brazil and the US all registered non-adjusted declines. Domestic capacity climbed 1.6%, and load factor increased 1.3 percentage points to 81.4%.

•    Russia has joined India and China among the fastest growing markets. Traffic is now back on its trend line prior to the collapse of Transaero in late 2015, supported by steady recovery in the economy and ruble over the past year as oil prices have firmed.
•    US airlines' upward momentum in the domestic market has stalled over the past six months, notwithstanding strong readings from consumer confidence surveys.

The Bottom Line

The year has opened with some shocks—the attempted ban on travel to the US by citizens of six countries and the restrictions on the carry-on of large electronic items from certain airports in the Middle East and North Africa on direct flights to the US and the UK. The potential implications of the Brexit talks on the air transport industry are significant and the political rhetoric of protectionism and closing of borders is adding to the ambiguity.

“It's intolerable that governments continue to add to the uncertainties facing the air transport industry by failing to engage airline operational know-how on issues that can damage public confidence. The introduction of restrictions on the carry-on of large electronic devices was a missed opportunity and the result was a measure that cannot stand-up to the scrutiny of public confidence in the long term. Although Australia's measures were also implemented without consulting the industry, they at least demonstrate the potential to mitigate the threat with less disruptive means. We all want to keep flying secure. And we can do that most effectively by working together,” said de Juniac. 

In tandem, states need to support the International Civil Aviation Organization (ICAO) as it develops a Global Aviation Security Plan. Additionally, next month, ICAO member states will consider amendments to Annex 17 of the Chicago Convention that would require information sharing. “The security experience of recent years should compel states to support this,” said de Juniac. 



Posted by : GoDubai Editorial Team
Viewed 7479 times
Posted on : Sunday, April 9, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Sanad Academy, DCAA and MOD, Host First Ever Drones' Awareness Campaign
Next Story : MBRSC holds workshop at Future Cities Show 2017, entitled "New Engineering and Smart Technologi...
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Bhima Jewellers Wows Women on International Women's Day
Foreo Declares 2018 the Year of Confidence
Built for the Way We Communicate Today: Samsung Galaxy S9 and S9+ Launches in the UAE
The Ultimate Mother's Day Beauty and Wellness Gifts
Filorga Launches Lift Range
The Sheet Mask Trend
Rise and Shine with Sophie's
Top Perfume Picks for Mother's Day @ Glambeaute.com
SMCCU opens its doors for SIKKA Art Fair
Mother's Day Offer from Blush N Curls Salon
It's Mother's Day!
Max launches its Inaugural Abaya Collection
Nissan's e-POWER technology wins environmental award
Al-Futtaim Honda launches 10th generation Honda Accord
“The Night of Italian Design” at D3 Attracts Design Enthusiasts
LULU Organic Food Activation
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Iconic milkshake brand Keventers to open 30 outlets across the UAE in 2018
An Open Secret - The new Flying Regulator Open Gear provides deep insights
Drink yourself to looking younger with Skinade
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
Reading Champions Declared at 10th Emirates Airline Festival of Literature
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
Preps for the Fazza Championships for Shooting Saktoun Riffle begin on March 11
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
The V-Tox Facial by Linda Meredith Skincare
Own your pores like a Bioré Princess!
Corporate Power Dressing redefined at Kachins Signature
Cadillac Alghanim kicks off world-class opportunity in Kuwait
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
The only line you'll love in your face – your perfect jawline!
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
Elina Svitolina takes New York by storm and wins it all!
Johnson's® Baby Launches Its First Semi-therapeutic Product Range
The Spring Summer 18 Womenswear Collection
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Arabian Healthcare Group and Dignity Health USA team up to expand world-class cl...
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
ba&sh's Spring-Summer collection 2018
Sanofi introduces innovative therapy to help address high unmet medical needs of...
Velvet Caviar meets Roger Dubuis Diva power
GUESS Unveils the Kids Spring 2018 Collection and Campaign
10th Emirates Airline Festival of Literature Ends with a Bang!
Alexey Firsov Solo Exhibition
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding