Global air travel expands at slower rate

Expansion worldwide slows from 6% to 4.1%

Global air travel continued to expand in September, but at a slower rate than in the first half of the year. The year-on-year growth rate during the month was 4.1%, down on the average 6% growth seen throughout the first half of 2012, IATA’s Air Transport Market Analysis for September writes.
From August there was an uptick in seasonally adjusted air travel, but the weak business environment implies this is erratic and not an upturn in the trend. On international markets, Asia Pacific stands out as the weakest region, increasing just 1.7% year-on-year. Among domestic markets, China and Brazil continue to grow strongly, but India and Japan are contracted.
Seasonally adjusted passenger load factors improved in September after four months of decline. But, the analysis concludes, “with weakness in business confidence and world trade growth persisting, the demand environment for air travel […] markets remains soft”.
TravelDailyMedia
[photo: Swedavia/Robert Elmengård]

x

Check Also

Emirates, Ryanair, Flybe, Austrian, Virgin, British Airways, easyjet, American Airlines, airlines, load factor, PLF, fullest, planes, aircraft, environment, business, profit

Airlines with best and worst load factor

Flying planes full makes airlines far more profitable, and it’s better for the environment.

Svart, hotel, Svartisen, environment, energy positive, carbon neutral, glacier, Bodo, Norway, stay, circular, Snøhetta, design, architecture

World’s first energy-positive Arctic Hotel

A Nordic firm of architects has designed a future hotel that will produce more energy than it uses.

Delta, airlines, United, American Airlines, pay, pilots, bonus, wage, profit share, usa, captains

Airline gives employees $1.1bn

Delta Airlines is being generous, and people working for its competitors are not too happy.

Avinor, Oslo, airport, Gardermoen, ski, equipment, baggage, rules, dates, busiest, winter holiday, fly

Busiest winter dates to fly from Oslo

Hundreds of thousands of passengers will be using Oslo Gardermoen in the next couple of weeks.

Deutsche Bahn, DB, delay, storm, compensation, passengers, stranded, climate change, Spiegel, trees, branches

Deutsche Bahn “twists” climate change

German media accuse rail operator of exploiting climate change to avoid blame for delays.

Hoseasons, sale, Wyndham, rentals, holiday, vacation, business, M&A, hotel, Europe, private equity, James Villa Holidays, cottages.com, Landal GreenParks, Novasol

Wyndham sells European business

The US hospitality giant sells its European business to a private equity firm for $1.3 billion.