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The International Air Transport Association (IATA) announced global passenger traffic results for April 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.3% compared to April 2018.
April capacity (available seat kilometers or ASKs) increased by 3.6%, and load factor climbed 0.6 percentage point to 82.8%, which was a record for the month of April, surpassing last year’s record of 82.2%. Regionally, Africa, Europe and Latin America posted record load factors.
Comparisons between the two months are distorted owing to the timing of the Easter holiday, which occurred on 1 April in 2018 but fell much later in the month in 2019.
“We are not seeing traffic growing at the same levels”
Talking about this development, Alexandre de Juniac, director general and CEO, IATA said: “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.”
International passenger markets
April international passenger demand rose 5.1% compared to April 2018. All regions recorded year-over-year traffic increases, led by airlines in Europe. Total capacity climbed 3.8 per cent, and load factor climbed 1.1 percentage points to 82.5 per cent.
Domestic passenger markets
Demand for domestic travel climbed 2.8% in April compared to April 2018, down from 4.1% growth in March year-over-year. The slowing trend is being driven primarily by developments in China and India. Capacity increased 3.2%, and load factor slid 0.3% to 83.2%.
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