Solid global air passenger traffic demand in November 2018

Α Decrease font Enlarge font
Solid global air passenger traffic demand in November 2018Total revenue passenger kilometers (RPKs) rose 6.2% compared to November 2017

Geneva - The International Air Transport Association (IATA) announced healthy but moderating global passenger traffic results for November 2018. Total revenue passenger kilometers (RPKs) rose 6.2% compared to November 2017, a slight deceleration from 6.3% growth in October. Capacity (available seat kilometers or ASKs) increased by 6.8% over the year-ago period, and load factor dipped 0.4 percentage point to 80.0%. It was only the third time in two years that load factor fell on a year-to-year basis.

“Traffic is solid. But there are clear signs that growth is moderating in line with the slowing global economy. We still expect 6% demand growth this year. But trade tensions, protective tariffs and Brexit are all uncertainties that overhang the industry,” said Alexandre de Juniac, IATA’s Director General and CEO.

NOVEMBER 2018 (% YEAR-ON-YEAR)WORLD SHARE1RPKASKPLF (%-PT)2PLF (LEVEL)3
Total Market 100.0% 6.2% 6.8% -0.4% 80.0%
Africa 2.2% 2.2% 1.2% 0.7% 69.8%
Asia Pacific 33.8% 6.3% 7.4% -0.8% 80.2%
Europe 26.7% 8.8% 8.8% 0.0% 81.7%
Latin America 5.1% 6.2% 6.0% 0.1% 82.0%
Middle East 9.4% 2.6% 5.2% -1.8% 69.4%
North America 22.8% 5.1% 5.0% 0.0% 83.6%

 

International Passenger Markets

November international passenger demand rose 6.6% compared to the year earlier period, up from 6.2% in October. All regions showed growth, led by carriers in Europe. Total capacity climbed 6.7%, and load factor dipped 0.1 percentage point to 78.4%.

  • European carriers saw demand increase by 9.0% in November 2018, which was a nine-month high. Given the mixed signs on the economic backdrop in the region it is unclear whether this pace of growth can be sustained. Capacity climbed 9.1% and load factor slipped 0.1 percentage point to 82.1%, the highest load factor among the regions.
  • Asia-Pacific airlines’ November traffic climbed 6.0% compared to the year-ago period, up from 5.7% growth in October. Capacity also rose 6.0% and load factor was flat at 79.1%. Growth is underpinned by rising living standards and continuing expansion of options for travelers.
  • Middle East carriers had a 2.8% demand increase, which was the lowest among the regions for a third consecutive month. Capacity rose 5.6% and load factor slipped 1.9 percentage points to 69.0%.
  • North American airlines’ traffic climbed 6.1%, in November, up from 5.7% in October and well ahead of the five-year average rate of 4.0%. Capacity rose 3.8% and load factor edged up 1.7 percentage points to 80.6%. Demand is supported by comparatively strong momentum in the US economy.
  • Latin American airlines’ November traffic climbed 5.8% compared to November 2017, which was an increase from 5.2% growth recorded in October. Despite the increase, growth has slowed on a seasonally-adjusted basis. Capacity rose 6.6% and load factor slipped 0.6 percentage point to 80.6%.
  • African airlines experienced a 5.7% rise in demand compared to November 2017, down from 6.4% in October but higher than the five-year average of 5.8%. Growth is occurring despite challenges in the continent’s largest economies, Nigeria and South Africa. Capacity rose 3.9% and load factor climbed 1.2 percentage points to 68.9%.

Domestic Passenger Markets

Domestic travel demand rose 5.6% in November 2018 compared to the same month in 2017, its slowest pace in 11 months and down from 6.5% in October. All markets except Australia showed growth. Domestic capacity climbed 6.9%, and load factor dropped 1.0 percentage point to 82.8%.

NOVEMBER 2018 (% YEAR-ON-YEAR)WORLD SHARE1RPKASKPLF (%-PT)2PLF (LEVEL)3
Domestic 35.9% 5.6% 6.9% -1.0% 82.8%
Dom. Australia 0.9% -0.7% -1.1% 0.3% 82.6%
Domestic Brazil 1.2% 5.3% 4.1% 1.0% 83.6%
Dom. China P.R. 9.1% 7.2% 10.2% -2.3% 82.0%
Domestic India 1.4% 13.3% 19.8% -4.8% 84.4%
Domestic Japan 1.1% 1.5% 3.0% -1.1% 75.6%
Dom. Russian Fed. 1.4% 13.8% 10.9% 2.1% 81.6%
Domestic US 14.3% 4.9% 5.9% -0.8% 85.2%
  • India’s domestic traffic rose 13.3% in November compared to November 2017, marking the 51st consecutive month of double-digit domestic growth. However, it was also the slowest increase in 16 months.
  • Brazil’s domestic traffic rose to a four-month high of 5.3% in November, against a fragile economic backdrop.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: CatalpaSpirit

Tornos
  1. 25/03 15:37

    Today’s Google Doodle honors the Greek Revolution of March 25th, 1821 (video)

  2. 25/03 15:32

    Archaeological Museum inaugurated on Greek island of Corfu

  3. 25/03 15:27

    Minister: Sports should be an integral part of Cyprus’ tourist product

  4. 25/03 14:57

    City Break guide: Enjoying urban neighbourhood of Ambelokipi in Athens

  5. 25/03 11:33

    Greek independence parade in Athens with “Macedonia famous” song (videos)

  6. 24/03 15:19

    Free entrance to the Acropolis Museum in Athens on March 25

  7. 24/03 14:35

    Daylight Savings Time changes next Sunday March 31st, 2019 in Greece

  8. 24/03 14:26

    Property prices recorded strong growth of 7.3% in Greece last year

  9. 24/03 14:21

    Greek Cultural Center in Astoria presents Unspoken Words by Women play

  10. 24/03 14:08

    History report: How the Greek Revolution sparked Philhellenism around the globe

  11. 24/03 14:00

    Swarm of thousands of butterflies passes through island of Cyprus

  12. 24/03 13:55

    Norwegians travel to Greek island of Crete for skiing on Mount Psiloritis

  13. 24/03 13:46

    Celebratory events planned in larger cities for Greek Independence Day

  14. 24/03 11:33

    South Korea donates half a million dollars to UN for refugees in Greece

  15. 23/03 14:01

    Main opposition leader Mitsotakis visits Greek island of Corfu

  16. 23/03 13:57

    Montreal celebrates Greek Independence Day on March 24

  17. 23/03 13:30

    Experience Greek island of Lemnos through its flavours and its people

  18. 23/03 12:33

    Bank of Greece: Travel receipts grow by 53.2% in January

  19. 23/03 12:23

    Greek banks contemplate even more ambitious NPL reduction target

  20. 23/03 11:01

    Card use growth in Greece shows first signs of fatigue

  21. 23/03 10:28

    GreekTech event to support start-ups from Greece to expand in US

  22. 22/03 17:20

    Talks between Greece and Northern Macedonia on history, archaeology and education

  23. 22/03 17:03

    President's message to Diaspora Greeks for March 25 national holiday

  24. 22/03 16:52

    Saudi Arabian archaeological treasures show at Benaki Museum in Athens

  25. 22/03 16:41

    Norwegian energy giant proposes huge floating wind farm in the Aegean

  26. 22/03 16:30

    Seminar and diving tour in Greek island of Alonnisos

  27. 22/03 15:59

    First “Argo” awards to eight prominent Diaspora Greeks

  28. 22/03 15:58

    Electricity gradually returning to Crete following explosion at power plant (video)

  29. 22/03 15:43

    Ferry services back to normal in Greece

  30. 22/03 15:12

    3.8 billion Athens metro projects to be funded by NSRF 2021 - 2027

  31. 22/03 15:02

    Road infrastructure to upgrade connectivity between Greece and Bulgaria

  32. 22/03 14:16

    London’s youngest Michelin star chef comes from Athens

  33. 22/03 12:10

    Greek island of Lipsi near Patmos taps the Dutch tourist market

  34. 22/03 10:35

    Mykonos reaching 12,000 euros per square metre for high-end properties

  35. 22/03 10:08

    Restored church of Saint Anne and Tanners’ mosque delivered in Famagusta

  36. 21/03 22:35

    National Hellenic Museum to mark Greek Independence Day on March 23

  37. 21/03 22:26

    Strong winds disrupt ferry services from Greek ports of Piraeus and Rafina

  38. 21/03 22:04

    Direct tourism revenues at €16 billion in Greece for 2018

  39. 21/03 21:30

    Reuters: European Union offers UK delay till May 22 for Brexit

  40. 21/03 21:29

    Greek unemployment eases again during February 2019

  41. 21/03 21:00

    The largest road projects in the revised NSRF 2014 - 2020 program for Greece

  42. 21/03 19:52

    Trivago awards 2019: The 30 top-rated and top-performing hotels in Greece

  43. 21/03 19:20

    Fraport's fastest growing division is Greek subsidiary

  44. 21/03 17:13

    British Library returns historic documents stolen from Greek monastery

  45. 21/03 17:00

    Greek Minister in North Macedonia for talks on cooperation in transport

  46. 21/03 15:53

    Inchcape to participate in Posidonia Shipping Forum 2019 in Athens

  47. 21/03 14:37

    Exhibition on maritime tradition of Cyprus in Lisbon

  48. 21/03 13:47

    IMF spokesperson: Greece 'on a much better track' due to reforms

  49. 21/03 11:43

    American Airlines to operate new flight from Athens to Chicago

  50. 20/03 23:46

    Privatized Thessaloniki Port Authority launches €180 million investment plan

  51. 20/03 23:38

    Travel report: Wonderful springtime destinations in the Peloponnese, Greece

  52. 20/03 23:33

    Athens shopping mall's motion to open on Sundays during summer rejected

  53. 20/03 23:22

    Greece’s TravelFest to be held in Athens on April 6th-7th 2019

  54. 20/03 23:18

    Top cruise operators arrange date for Posidonia event forum in Athens

  55. 20/03 23:08

    NY Times: Golden Visa investors and tourism support Greece’s recovery

  56. 20/03 22:15

    Katakouzenos House Museum: Another hidden cultural gem in Athens

  57. 20/03 21:46

    Successor scheme for primary residence protection tabled on Friday

  58. 20/03 20:59

    Greek scouts' initiatives ahead of World Water Day 2019

  59. 20/03 20:46

    History tourism report: Gossip employed as a weapon in Ancient Greece

  60. 20/03 20:35

    Tourism: Hotels target Millennials and focus on sustainability and advanced technology

  61. 20/03 20:27

    Diaspora in South African celebrates Greek Independence Day

  62. 20/03 20:15

    EU Commission's Costello optimistic over prospects of Greek economy

  63. 20/03 19:31

    Laudamotion flights between Athens-Vienna from €19.99

  64. 20/03 17:59

    Robert Kennedy’s daughter supports return of Parthenon Marbles to Greece

  65. 20/03 15:50

    US State Secretary present in Greece-Cyprus-Israel summit in Jerusalem

  66. 20/03 15:41

    More than 5,000 drunk drivers stopped across Greece within a week

  67. 20/03 14:32

    Gas station owners federation asks for reduction of taxes on fuel in Greece

  68. 20/03 13:43

    Spring Equinox and supermoon to coincide in sky over Athens tonight

  69. 20/03 11:15

    First cruise ship arrived in island of Rhodes for 2019

  70. 20/03 01:47

    Global cruise Industry meets at Posidonia Sea Tourism Forum 2019

  71. 20/03 01:22

    Greek main opposition leader vows stalled Hellenikon development push

  72. 19/03 23:17

    Study: Santorini overcrowded but tourism keeps propelling Greek recovery

  73. 19/03 21:37

    Greek merchant shipping fleet grew in numbers during January

  74. 19/03 20:40

    Pick up a book before your flight at the Athens International airport

  75. 19/03 20:40

    Greece and Israel set to install new marine radar in island of Crete

  76. 19/03 20:18

    Greece's 14 top railway projects in the revised EU funding for 2014 - 2020

  77. 19/03 20:12

    Piraeus container port en route for top ranking in Mediterranean Sea

  78. 19/03 19:45

    Alternate FΜ: Greece prepared against any and all Brexit scenarios

  79. 19/03 18:31

    OECD's Secretary General Gurria: Greece on the right track to sustainable growth

  80. 19/03 16:28

    Piraeus University marks 20th anniversary of International and European Studies Dept.

  81. 19/03 14:52

    Sotheby’s: Strong interest in luxury properties on Greek islands

  82. 19/03 12:39

    Pre-bookings by Russian tourists in Crete rise by 10%

  83. 19/03 10:51

    Four investors show interest in Thriasio II hub near Athens

  84. 19/03 02:06

    Breathtaking aerial footage of Mt. Smolikas in Greece

  85. 19/03 01:52

    Greek soap manufacturer Papoutsanis sets up subsidiary in Poland

  86. 19/03 01:05

    Tourism investments dominate Greek Development Law funding

  87. 18/03 23:48

    Strict customs rules on Greek borders with North Macedonia

  88. 18/03 23:48

    Greek President declares final round of World Robot Olympiad in Athens

  89. 18/03 23:44

    Greek Deputy Prime Minister meets with OECD Secretary General

  90. 18/03 23:37

    Thessaloniki honours memory of Holocaust victims with silent march

  91. 18/03 23:23

    Online applications for rent subsidy unveil instances of tax evasion in Greece

  92. 18/03 22:05

    Greek runner won Athens Half Marathon 2019 in record time

  93. 18/03 21:44

    National Documentation Centre: 6 in 10 Greeks abroad wish to return home

  94. 18/03 20:33

    Crete University launches program to educate young traffic offenders

  95. 18/03 19:41

    6th International Marathon of Rhodes to take place on April 14

  96. 18/03 19:36

    Greece finally expects its Land Registry to be completed by 2021

  97. 18/03 18:12

    Vacant job positions up 193.4% in Greece during Q4 2018

  98. 18/03 17:27

    Bernard Levy in Athens for his 'Looking for Europe' play on April 1

  99. 18/03 16:57

    Yield on Greek five-year bond falls to historic low on Monday

  100. 18/03 15:47

    Rosemary, acacias and oleanders planted around Thessaloniki's Sheikh Sou forest