Press Release No.:
31 August 2007
Industry Registers Record Traffic Volumes, Load Factors in July
GENEVA – The International Air Transport Association (IATA) released traffic results for July 2007. The highlights are:
- Year-on-year passenger demand was up 5.9% for July 2007 over July 2006.
- Passenger demand grew 6.2% during the January-July period over the same period in 2006.
- Much of this growth is facilitating economic development as business traffic is growing faster than economy traffic on long-haul routes.
- The average passenger load factor hit a record 81% in July, up 0.3% from the previous high in July 2006. With the exception of April 2007, monthly load factors have risen every month during the past two years. The average load factor during January-July 2007 was 76.5%, up from 76% recorded during the same period in 2006.
- Airlines in the Middle East continued the double-digit growth seen over the last three years with demand growth of 18.8% in July. Improved demand growth in Asia Pacific (5.5%) and Europe (4.5%), which together comprise almost two-thirds of total international traffic, boosted overall July results.
- Freight demand continued its recent rebound with 5.5% demand growth in July, up from 4.9% growth in June, and well above the 2.7% growth seen for the first half of 2007. Year to date freight demand has risen 3.8%.
- Middle East carriers led demand growth in freight with 11.1%. Airlines in Asia Pacific boosted global totals with above average freight demand growth of 8.2% in July, reflecting strong levels of economic and trade growth in the region.
“Efficiency is the story of the summer. More people are travelling than ever before with airlines registering a monthly record of over 220 billion revenue passenger kilometres in July with record load factors. Combine that with a 10.5% improvement in fuel efficiency and a 56% increase in labour productivity since 2002 and it’s clear industry efficiencies have hit an all-time high,” said Giovanni Bisignani, Director General and CEO of IATA. “But there are risks. If the volatility in global stock markets begins to affect the wider economy, the spin-off effect could put a drag on demand. Airlines will have to maintain a prudent approach to adding new capacity.”
From 18 to 28 September the International Civil Aviation Organization (ICAO) will meet in Montreal. Aviation and the environment will be the number one issue discussed.
“Industry efficiency translates into improved environmental performance. Airlines contribute 2% of manmade C02. IATA’s vision is to do even better. We are targeting carbon neutral growth in the near term. And in the longer-term our goal is nothing less than to become carbon-free. The challenge for the 190 contracting States of ICAO is to deliver the global political leadership needed to bring this vision to reality,” said Bisignani.
Full July traffic results (pdf)
- IATA (International Air Transport Association) represents over 240 airlines comprising 94% of international scheduled air traffic.
- 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 2007 to 2006, 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.
- International passenger traffic market shares by region in terms of RPK are: Europe 34.0%, Asia Pacific 31.8%, North America 18.8%, Middle East 8.0%, Latin America 3.7%, Africa 3.1%
- International freight traffic market shares by region in terms of FTK are: Asia Pacific 46.1%, Europe 25.9%, North America 17.2%, Middle East 7.4%, Latin America 2.2%, Africa 1.1%