Aviation: Stable passenger demand growth in November

Α Decrease font Enlarge font
Aviation: Stable passenger demand growth in NovemberCapacity increased by 1.8%, and load factor climbed 1.1 percentage points to 81.1%, which was a record for any November

The International Air Transport Association (IATA) announced global passenger traffic results for November 2019 showing that demand (measured in revenue passenger kilometers or RPKs) rose 3.3% compared to the same month in 2018. This was unchanged from October’s result and below the long-term trend. Capacity (available seat kilometers or ASKs) increased by 1.8%, and load factor climbed 1.1 percentage points to 81.1%, which was a record for any November. All regions saw annual increases in traffic.

“November’s moderate result reflects the continuing influence of slower economic activity, geopolitical tensions and other disruptions, including strikes in Europe. On the plus side, positive developments in the US-China trade talks, in tandem with signs of improving business confidence, could support an uptick in travel demand. In the meantime, continued modest capacity growth is helping to maximize asset efficiency,” said Alexandre de Juniac, IATA’s Director General and CEO.

 NOVEMBER 2019 (% YEAR-ON-YEAR)WORLD SHARERPKASKPLF (%-PT)PLF (LEVEL)
Total Market
100.0%
3.3%
1.8%
1.1%
81.1%
Africa
2.1%
3.5%
2.5%
0.6%
70.8%
Asia Pacific
34.5%
4.4%
3.2%
1.0%
81.3%
Europe
26.8%
1.3%
-0.7%
1.6%
83.3%
Latin America
5.1%
2.0%
2.0%
0.0%
82.2%
Middle East
9.2%
7.2%
-0.1%
5.0%
73.2%
North America
22.3%
2.3%
3.4%
-0.9%
82.8%


International Passenger Markets

November international passenger demand rose 3.1%, compared to November 2018, which was a marginal increase from the 3.0% year-over-year growth achieved in October. All regions recorded traffic increases, except for Latin America. Capacity climbed 0.7%, and load factor increased 1.8 percentage points to 80.1%.

Asia-Pacific airlines saw November traffic increase 3.9% compared to the 2018 period, a slight decline compared to the 4.2% annual growth recorded in October. Capacity rose 2.8% and load factor rose 0.8 percentage point to 79.9%. While seasonally-adjusted volumes are increasing, the trend has moderated. Disruptions in Hong Kong, slowing demand in India and China and less supportive business confidence in several key economies are among the contributing factors.

European carriers experienced a 1.2% increase in November traffic, down from 1.6% growth in October and the weakest outcome since early 2013. Industrial actions (strikes) disrupted operations for a number of airlines during the month, contributing to the demand slowdown. Capacity dropped 1.1% and load factor rose 1.8 percentage points to 83.8%.

Middle Eastern airlines posted a 7.4% traffic increase in November, up from a 5.6% rise in October. Capacity was flat, and load factor soared 5.0 percentage points to 73.2%. The strong performance was driven by robust demand on to/from Asia and Europe markets.

North American carriers’ international demand climbed 2.3% compared to November 2018, down from the 3.6% growth recorded in October. Despite a slowing in economic activity, fundamentals remain generally sound for the region, although the rise in geopolitical tensions may impact international demand going forward. Capacity rose 1.6%, and load factor accelerated 0.6 percentage point to 81.2%.

Latin American airlines had a 0.3% traffic decline in November compared to a year ago, in line with October’s decline. Capacity slipped 1.8% and load factor increased 1.3 percentage points to 82.1%. Economic headwinds and/or social unrest in a number of countries in the region contributed to the lowered result.

African airlines’ traffic climbed 4.9% in November, up from 2.3% growth recorded in October. Challenges in the South Africa market have been more than offset by strong performance elsewhere in the region. Capacity rose 2.8%, and load factor climbed 1.4 percentage points to 70.3%.

Domestic Passenger Markets

Demand for domestic travel climbed 3.5% in November compared to November 2018, which was a marginal decline from 3.7% annual growth recorded in October. Capacity rose 3.8% and load factor slipped 0.2 percentage point to 82.8%.

 NOVEMBER 2019 (% YEAR-ON-YEAR)WORLD SHARERPKASKPLF (%-PT)PLF (LEVEL)
Domestic
36.1%
3.5%
3.8%
-0.2%
82.8%
Dom. Australia
0.9%
1.1%
0.2%
0.8%
83.2%
Domestic Brazil
1.1%
1.4%
2.5%
-0.9%
82.7%
Dom. China P.R
9.5%
5.3%
4.7%
0.5%
83.2%
Domestic India
1.6%
11.3%
5.0%
5.1%
89.4%
Domestic Japan
1.1%
3.7%
2.2%
1.1%
78.7%
Dom. Russian Fed.
1.5%
2.4%
4.7%
-1.8%
80.0%
Domestic US
14.0%
2.4%
4.4%
-1.6%
83.7%


Indian airlines experienced a return to double-digit growth for the first time since January 2019, as traffic rose 11.3% compared to November 2018. However, economic growth in the third quarter was the weakest in around six years amid a broad-based slowdown that is affecting many sectors of the economy. This will present a more challenging environment for the industry going forward. 

Japan’s airlines saw domestic traffic climb 3.7% in November, more than double the 1.8% increase recorded in October. While growth has been volatile over the past six months or so, the bigger picture is that seasonally-adjusted volumes are trending modestly upward.

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

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Martin Roell


Tornos
  1. 19/01 15:10

    Marine Tourism: Adorable seal pups rescued and ready to return to Greek waters

  2. 19/01 15:05

    First-ever Vasilopita celebration at St. Photios National Shrine in Florida

  3. 19/01 15:00

    Greece to relocate some 100 unescorted refugee children to neighboring Serbia

  4. 19/01 14:54

    AHEPA helps in building bridges between Greece, Israel and Cyprus through Athens

  5. 19/01 14:46

    Greece records largest drop in house prices and rents in Europe during last 12 years

  6. 19/01 14:39

    Weather records announced in Greece during 2019

  7. 19/01 14:29

    Mayor of Kalamata invites visitors to Greek city in interview with TNH

  8. 19/01 14:22

    Greek Alternate Foreign Minister in Brussels on Sunday for IHRA conference

  9. 19/01 12:13

    The National Herald releases special guide on Tourism in Greece for 2020

  10. 19/01 10:05

    Greek PM speaks with European Council and European Commission chiefs

  11. 18/01 14:35

    Leadership 100 Conference to announce full program on February 20-23

  12. 18/01 14:24

    “Dublin is dead,” EU’s VP Schinas informs Greek Parliament

  13. 18/01 14:12

    Giannis Antetokounmpo and partner Mariah throw party for baby ‘Greek Freak’

  14. 18/01 14:03

    UK assures it will not deport unregistered EU citizens after Brexit

  15. 18/01 13:53

    Grant Thornton: Optimism grows among entrepreneurs in Greece

  16. 18/01 13:45

    Ferries' routes to Naxos and Mykonos islands approved by Greek shipping ministry

  17. 18/01 13:36

    Spectacular annual Easter rocket war in Chios under threat as organizers fold

  18. 18/01 13:36

    Spectacular annual Easter rocket war in Chios under threat as organizers fold

  19. 18/01 11:26

    Minister: Plans for Greece's transition to post-lignite era ready by end-June

  20. 17/01 21:31

    PM: Greece will veto Libya solution by EU if MoUs with Turkey are not revoked

  21. 17/01 19:29

    Record tourist arrivals in Cyprus during December and all of 2019

  22. 17/01 19:23

    Survey: Brexit a good time for Greece to ask for Parthenon Sculptures back

  23. 17/01 19:16

    Renovated Greek National Gallery of Art to reopen in Athens during 2021

  24. 17/01 18:58

    Bank of Greece: Realty prices are on a rise

  25. 17/01 18:53

    Onassis Stegi: Culture start-ups present ideas at innovation meetup in Athens

  26. 17/01 18:46

    Ministers: Environment and climate crisis a top issue for the Greek government

  27. 17/01 18:37

    Greece among top-25 countries to raise children in the world

  28. 17/01 18:05

    Greek and Moroccan FMs share their concerns over the situation in Libya

  29. 17/01 18:01

    Greek Minister in Organisation for Economic Cooperation and Development meeting

  30. 17/01 17:54

    Revenues from ”Tsitsipas Souvlaki” to be donated to Australian wildfire victims

  31. 17/01 17:44

    Albanian artist presents his artwork at Cultural Centre of Ioannina in Epirus

  32. 17/01 17:22

    EBRD proposals to slow down ‘overtourism’ on iconic Greek island of Santorini

  33. 17/01 17:03

    Greek artist to present creative origami fashion in Athens and Thessaloniki

  34. 17/01 16:55

    "Eastern Railway Egnatia" project back to the spotlight in Greece

  35. 17/01 16:01

    Greek budget recorded a primary surplus of €5.5 billion during 2018

  36. 17/01 15:36

    Foreign Minister: Libyan Commander Haftar agreed with all Greek points

  37. 17/01 15:21

    New asylum policy is the new Greek Migration Ministry's priority

  38. 17/01 14:43

    European Commission VP: Greece has already succeeded in the field of tourism

  39. 17/01 12:17

    NYPL central Manhattan branch to reopen as Stavros Niarchos Foundation Library

  40. 17/01 12:07

    PM: EU NSRF funding delivers fertile growth opportunity for Greek economy

  41. 17/01 10:51

    EU invests €1 trillion to make its economy more ecology-friendly

  42. 17/01 01:33

    6th Peloponnisos International Documentary Festival in Kalamata (video)

  43. 17/01 01:26

    New Greek Migration Ministry to accelerate international agreements (video)

  44. 17/01 00:47

    Onassis USA and the New Museum’s NEW INC announce ONX Studio in NYC

  45. 17/01 00:36

    Religious Tourism: Feast Day of Agios Antonios celebrated today in Greece

  46. 17/01 00:21

    Climbing Tourism: Female Greek mountaineer conquers 7 top peaks on Earth

  47. 17/01 00:16

    Aegean Airlines announces record passenger traffic during 2019

  48. 16/01 23:56

    9th edition of Gameathlon returns to Tae Kwon Do stadium in Athens

  49. 16/01 23:42

    UNWTO concludes International Tourism Marketing project for Yunnan

  50. 16/01 23:12

    PM meets board of Greek-American and American-Jewish organisations

  51. 16/01 19:37

    "West of Athens" shows travellers at Athens Airport a taste of the capital's history

  52. 16/01 18:16

    Etihad Airways announces return flights from Australia to Greece from $1,150

  53. 16/01 16:57

    US Ambassador for religious freedom to visit Ecumenical Patriarch in Istanbul

  54. 16/01 16:02

    Greek tourism: Average spending per trip increases by €61 during 2019

  55. 16/01 13:29

    Media: Rejected Hard Rock won’t give up contest for Hellenikon casino

  56. 16/01 12:12

    UNWTO joins support of Albania's post-earthquake recovery effort

  57. 16/01 11:17

    ITB Berlin and IPK contrast travel trends in the Americas

  58. 16/01 10:07

    Hellenic Caucus co-chairs meets with United Nations Special Representative for Cyprus

  59. 16/01 00:29

    After Hard Rock's bid, Mohegan advances for Hellenikon Casino license in Athens

  60. 16/01 00:18

    Olive Oil Symposium at the center of the ancient world in Delphi

  61. 16/01 00:08

    Minister: National Archaeological Museum in Athens to get major overhaul

  62. 15/01 23:47

    New record volume of traffic at Greek airports during 2019

  63. 15/01 23:30

    Congressman: Greek Prime Minister hit a home run in United States visit

  64. 15/01 23:09

    Associated Press: Cyprus repays crisis-era IMF loan ahead of schedule

  65. 15/01 22:49

    Greek Culture Minister meets with National Art Museum of China director

  66. 15/01 21:40

    Greek ferry firms competing over popular routes

  67. 15/01 21:13

    Visitors and revenues in museums and archaeological sites grow in Greece

  68. 15/01 21:06

    Insider: Greece among world’s top destination for 2020 (video)

  69. 15/01 20:44

    Religious Tourism: Greek Orthodox Epiphany marked in Sydney (video)

  70. 15/01 20:32

    Greek PM proposes for first time top female judge for President of Republic

  71. 15/01 17:32

    Heads of new migration and asylum ministry sworn in Greece

  72. 15/01 16:46

    Greek group to construct shipping waste treatment plant in United Arab Emirates

  73. 15/01 14:31

    Vote Athens for Europe’s Best Destination for 2020

  74. 15/01 14:17

    Greek state budget recorded a primary surplus of €4.96 billion in 2019

  75. 15/01 14:05

    Greek Premier receives Tourism Ministry leadership at Maximos Mansion

  76. 15/01 11:36

    Greece's golden visa program attracts investments of €2 billion

  77. 14/01 20:09

    Cretan artists' show with Nederlands Blazers Ensemble in Amsterdam (videos)

  78. 14/01 20:04

    UNWTO at FITUR 2020: Focus on sustainability, innovation and accessibility

  79. 14/01 19:36

    American Hellenic Institute announces six new members of Board of Directors

  80. 14/01 19:29

    State Department denies mediation initiative on Greek-Turkish relations

  81. 14/01 19:09

    Greek farmers switch from tobacco to stevia cultivation for sweet tooths

  82. 14/01 18:53

    Minister: Greek government has a comprehensive plan for refugees

  83. 14/01 18:47

    First cookies baked in space return to Earth

  84. 14/01 17:24

    5th edition of Hellas Film Box Berlin 2020 returns from January 15-19

  85. 14/01 17:01

    Greek PM begins ministries meetings' round with Tourism Ministry

  86. 14/01 16:52

    AP: Tom Hanks’ family offered Greek passport too for assistance in fire

  87. 14/01 16:46

    11 new McDonald's restaurants opened in Greece

  88. 14/01 16:29

    New amendment to assist non-EU entrepreneurs come to Greece tabled in parliament

  89. 14/01 16:24

    Greece reviews plans to slow down overtourism on iconic island of Santorini

  90. 14/01 15:15

    Greek tourism 2019: South Aegean islands the top destination among all regions

  91. 14/01 14:34

    Ecumenical Patriarch offers condolences to President of Ukraine for downed jet

  92. 14/01 14:18

    'Nikola Tesla: Τhe man ahead of his time' show in Athens extended to March 18

  93. 14/01 12:43

    President Pavlopoulos declares 'absolute alignment between Greece and Cyprus'

  94. 14/01 02:01

    Construction enterprises eye waste management in Greece

  95. 14/01 01:52

    Precursory works for Hellinikon project in Athens before the gates

  96. 14/01 01:35

    President Anastasiades: Momentum in Cyprus real estate market to continue

  97. 14/01 01:32

    Education Ministry: Holy Hierarchs day no longer a school holiday in Greece

  98. 14/01 01:23

    Film Tourism: Greek connections at this year’s Oscar nominations

  99. 14/01 00:03

    Greek PM attends the American-Hellenic Chamber of Commerce (video)

  100. 13/01 23:50

    City of Heraklion in Greek island of Crete offers free tours to visitors