The International Air Transport Association (IATA) recently released global passenger travel results for the month of June 2019, which rose by 5% compared to the 4.7% increase recorded in June 2018. Load factor rose to 84.4% (a rise of 1.4 percentage points), and capacity rose by 3.3%.
According to IATA’s Director General and CEO Alexandre de Juniac, such an improved load factor is a sign that the airlines are maximizing efficiency, but noted that growth was not as strong as a year ago, due to U.S-China tensions.
As concerns passenger demand on the international front, a 5.4% increase was recorded, which is an improvement to the 4.6% recorded in May. All regions showed growth increase, with the best performance from African airlines. Passenger demand capacity rose 3.4%, while its load factor rose to 83.8% (a rise of 1.6 percentage points).
In Africa, traffic rose to a remarkable 11.7% in June, compared to the 5.1% recorded in May. Load factor rose to 70.5% (a rise of 2.6 percentage points), and capacity rose 7.7%. Improved economic stability in, and increased air connectivity between several countries in Africa have led to increased demand.
In conclusion, de Juniac commented that, “The peak summer travel season in the northern hemisphere is upon us. Crowded airports are a reminder of the vital role aviation plays in connecting people and commerce. For those travelling on journeys of discovery or reuniting with loved ones, aviation is the business of freedom. But aviation relies on borders that are open to trade and people to deliver its benefits. Ongoing trade disputes are contributing to declining global trade and slowing traffic growth. These developments are not helpful to the global economic outlook. Nobody wins a trade war.”