May Air Freight Slumps While Passenger Demand Remains Robust

May 2005 over May 2004	RPK Growth	ASK Growth	FTK Growth	ATK Growth	PLF
Africa	8.8%	9.9%	6.8%	12.1%	60.5%
Asia/Pacfic	7.3%	6.3%	-2.7%	6.4%	68.6%
Europe	6.6%	4.9%	-1.6%	4.4%	74.0%
Latin America	13.3%	12.6%	-6.6%	7.3%	66.2%
Middle East	17.9%	15.2%	10.7%	18.1%	65.7%
North America	11.5%	9.2%	-2.8%	7.3%	79.7%
Industry	8.8%	7.3%	-1.6%	6.9%	71.9%

January - May 2004 over January - May 2005	YTD RPK Growth	YTD ASK Growth	YTD FTK Growth	YTD ATK Growth	YTD PLF
Africa	11.5%	7.9%	10.5%	10.1%	68.2%
Asia/Pacific	7.9%	7.0%	3.6%	7.7%	71.4%
Europe	6.2%	5.0%	2.6%	5.5%	73.8%
Latin America	13.2%	13.0%	-2.3%	9.1%	71.2%
Middle East	14.6%	12.8%	13.4%	14.2%	71.2%
North America	11.5%	9.8%	-0.3%	6.9%	78.1%
Industry	8.7%	7.5%	3.1%	7.4%	73.3%

• IATA (International Air Transport Association) represents 265 airlines comprising 94% of international scheduled air traffic.
• The IATA Billing and Settlement Plan operates in 71 countries for 390 airline and non-airline participants covering 150 countries and territories.
• Explanation of measurements:
  RPK: Revenue Passenger Kilometres measures actual passenger traffic
  ASK: Available Seat Kilometres measures available passenger capacity
  PLF: Passenger Load Factor is % of ASKs used. In comparison of 2004 to 2003, PLF indicates point differential between the periods compared.
  FTK: Freight Tonne Kilometres measures actual freight traffic
  ATK: Available Tonne Kilometres measures available total capacity (combined passenger and cargo)
• IATA statistics cover international scheduled air traffic; domestic traffic is not included.
• All figures are provisional and represent total reporting at time of publication plus estimates for missing data.
• Due to uncertainties in the adoption of the new ICAO statistical definitions by reporting carriers, care should be taken when making year comparisons.