Airline Industry Registers Record Traffic Volumes

The International Air Transport Association (IATA) released traffic results for July 2007.

The highlights for passenger traffic 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.

[View July Traffic Results ¦ IATA]

IATA