Pax Demand Growth At 5-Year High In JAN

Open Jaw

IATA Director Genera
l Alexandre de Juniac

Global passenger demand measured by revenue passenger kilometers jumped 9.6% in the first month of 2017 compared to JAN 2016, the strongest increase in more than five years.

Overall capacity rose 8.0% and load factor climbed 1.2 percentage points to 80.2%.compared to January 2016.

"2017 is off to a very strong start, with demand at levels not seen since 2011. This is supported by the upturn in the global economic cycle and a return to a more normal environment after the terrorism and political ‘shock’ events seen in early 2016," said Alexandre de Juniac, IATA’s Director General and CEO.

All regions recorded year-over-year increases in demand, led by the Middle East at 14.4% and Asia Pacific at 10.9%. Europe enjoyed welcome gains of 8.3% against a backdrop of moderate momentum in the Eurozone economy. Latin America was up 8.2% while African airlines saw a demand improvement of 5.6%.

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