International air passenger demand up in January
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The International Air Transport Association (IATA) announced global passenger traffic results for January 2016 showing demand (revenue passenger kilometres or RPKs) rose 7.1% compared to January 2015.
This was ahead of the 2015 full year growth rate of 6.5%. January capacity rose 5.6%, with the result that load factor rose 1.1 percentage points to 78.8%, the highest load factor ever recorded for the first month of the year.
“January maintained the strong traffic growth trend seen in 2015, showing the resilience of demand for connectivity despite recent turmoil in equity markets. The record load factor is a result of strong demand for our product and airlines making the most productive use of their assets. Underlying conditions point to another strong year for passenger traffic, with the latest decline in oil prices likely providing additional stimulus for air travel growth,” said Tony Tyler, IATA’s director general and CEO.
January 2016 (% year-on-year) |
World share¹ | RTK | ASK | PLF (%-pt)² |
PLF (level)³ |
Total Market | 100.0% | 7.1% | 5.6% | 1.1% | 78.8% |
Africa | 2.2% | 11.0% | 7.1% | 2.5% | 71.3% |
Asia Pacific | 31.5% | 10.4% | 7.9% | 1.8% | 78.5% |
Europe | 26.7% | 4.0% | 2.1% | 1.4% | 77.9% |
Latin America | 5.4% | 5.1% | 4.6% | 0.4% | 82.8% |
Middle East | 9.4% | 10.5% | 12.8% | -1.6% | 77.9% |
North America | 24.7% | 4.3% | 2.9% | 1.1% | 80.7% |
¹% of industry RPKs in 2015 ²Year-on-year change in load factor ³Load factor level
International Passenger Markets
January international passenger traffic rose 7.3% compared to the year-ago period. Capacity rose 5.9% and load factor rose 1.0 percentage point to 78.8%. All regions recorded year-over-year increases in demand.
European carriers’ international traffic climbed 4.2% in January compared to the year-ago period. Capacity rose 2.6% and load factor rose 1.2 percentage points to 78.8%. Airline strikes and the shutdown of Russia’s Transaero caused the region’s traffic to fall in the last quarter of 2015. Volumes have picked up somewhat in recent months.
North American airlines saw demand rise 2.4% in January over a year ago. Capacity rose 1.3%, pushing up load factor 0.8 percentage points to 80.3%. North American international traffic growth was weakest among the regions, as carriers have focused on the stronger and larger domestic market.
Middle East carriers had the strongest year-over-year demand growth in January at 10.9%, helped by ongoing network and fleet expansion. Capacity rose 12.9% and load factor dipped 1.4 percentage points to 77.8%.
Domestic Passenger Markets
Domestic air travel rose 6.8% in January year-on-year. Capacity rose 5.1% and load factor was 78.9%, up 1.3% percentage points.
January 2016 (% year-on-year) |
World share¹ | RTK | ASK | PLF (%-pt)² |
FLF (level)³ |
Domestic | 36.4% | 6.8% | 5.1% | 1.3% | 78.9% |
Australia | 1.1% | 3.8% | 2.3% | 1.1% | 76.9% |
Brazil | 1.4% | -4.1% | -2.6% | -1.3% | 83.3% |
China P.R | 8.4% | 11.9% | 10.6% | 0.9% | 79.1% |
India | 1.2% | 22.9% | 21.9% | 0.7% | 84.7% |
Japan | 1.2% | 1.2% | -4.3% | 3.5% | 64.7% |
Russia Fed. | 1.3% | -2.0% | -5.2% | 2.2% | 68.4% |
US | 15.4% | 5.5% | 3.7% | 1.4% | 81.0% |
¹% of industry RPKs in 2015 ²Year-on-year change in load factor ³Load factor level
*Note: the seven domestic passenger markets for which broken-down data are available account for 30% of global total RPKs and approximately 82% of total domestic RPKs
India’s domestic air travel soared 22.9% in January compared to a year ago. Growth is being propelled by the comparatively strong domestic economy and increases in air services. The Indian market overtook both Australia and Japan during 2015 and is currently level with Russia at around 1.2% of global RPKs.
Russian domestic traffic slipped 2.0% in January. Despite the decline, the Russian domestic load factor reached an all-time January high as capacity fell at a faster rate, suggesting that local carriers have absorbed traffic affected by the shutdown of Transaero.
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