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Monday, May 30, 2016
The International Air Transport Association (IATA) announced global passenger traffic data for April, showing that traffic for Middle Eastern carriers posted a 12.7% traffic increase in April, the only region to see a double-digit percentage increase in demand. Capacity growth of 14.8% outstripped this rise, however, which caused load factor to fall 1.4 percentage points to 75.6%.
Global passenger traffic data for April showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 4.6%-the slowest pace since January 2015.
Staff Report
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