Aircraft and transport. IATA: a soft start to the peak travel period
Slowing global passenger demand growth for July
The International Air Transport Association (IATA) announced slowing global passenger demand growth for July. Total revenue passenger kilometers (RPKs) rose 3.6%, compared to the same month in 2018. This was down from 5.1% annual growth recorded in June. All regions posted traffic increases. Monthly capacity (available seat kilometers or ASKs) increased by 3.2% and load factor rose 0.3 percentage point to 85.7%, which is a new high for any month.
July international passenger demand rose 2.7% compared to July 2018, which was a deceleration compared to the 5.3% growth recorded in June. Capacity climbed 2.4%, and load factor edged upward 0.2 percentage point to 85.3%. All regions reported growth, led by airlines in Latin America.
Domestic travel demand outperformed international growth in July, as RPKs rose 5.2% in markets tracked by IATA, up from 4.7% growth in June. Domestic capacity climbed 4.7%, and load factor rose 0.4 percentage point to 86.5%.
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