International Air Transport Association says seasonally-adjusted downward trend continues despite monthly rebound
Middle East carriers saw air passenger demand rise by 2.9 percent in April, which was a recovery from the 3 percent decline in traffic in previous month.
The International Air Transport Association (IATA) said that despite the monthly turnaround, in seasonally-adjusted terms the downward trend in traffic growth continues, reflecting broader structural changes affecting the industry in the region.
Capacity fell 1.6 percent in April and load factor rose 3.5 percent to 80.5 percent, IATA added.
Globally, IATA said passenger demand rose by 4.3 percentcompared to April 2018. April capacity increased by 3.6 percent, and load factor climbed 0.6 percent to 82.8 percent, which was a record for April, surpassing last year’s 82.2 percent.
“We experienced solid but not exceptional rising demand for air connectivity in April. This partly is owing to the timing of Easter, but also reflects the slowing global economy. Driven by tariffs and trade disputes, global trade is falling, and as a result, we are not seeing traffic growing at the same levels as a year ago. However, airlines are doing a very good job of managing aircraft utilization, leading to record load factors,” said Alexandre de Juniac, IATA’s director general and CEO.