IATA: Passenger Traffic Growth Stays Strong in June

The International Air Transport Association (IATA) announced global passenger traffic results for June showing a modest deceleration in demand growth compared to the prior month. Total revenue passenger kilometers (RPKs) rose 4.7% over the year-ago period, which was below the 6.2% year-on-year increase recorded in May 2014. June capacity (available seat kilometers or ASKs) increased by 5.0%, causing load factor to slip 0.2 percentage points to 81.5%.

“June traffic growth at 4.7% is encouraging even though it is a slight weakening on May’s performance. Earlier signs of a softening in demand are dissipating. While that’s good news there are many risks in the political and economic environment that need careful monitoring,” said Tony Tyler, IATA’s Director General and CEO.

Jun 2014 vs. Jun 2013 RPK Growth ASK Growth PLF
International 5.5% 5.7% 81.4
Domestic 3.4% 3.8% 81.7
Total Market 4.7% 5.0% 81.5

YTD 2014 vs. YTD 2013 RPK Growth ASK Growth PLF
International 6.4% 6.4% 78.7
Domestic 5.1% 4.3% 80.3
Total Market 5.9% 5.6% 79.3

International Passenger Markets
June international passenger demand rose 5.5% compared to the same month last year, with airlines in all regions except Africa recording growth and the strongest gains among Middle East carriers. Capacity climbed 5.7% and load factor dipped 0.2 percentage points to 81.4%.

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