Air traffic demand continues recovery: IATA
Thu 29th July 2010
The International Air Transport Association (IATA) reports international scheduled traffic statistics for June show continued growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international passenger demand was up 11.9% while international scheduled freight traffic showed a 26.5% improvement. Capacity increased only slightly above demand improvements during the month, keeping load factors in line with historical highs at 79.8% for passenger traffic. “The industry continues to recover faster than expected, but with sharp regional differences. Europe is recovering at half the speed of Asia with passenger growth of 7.8% compared to the 15.5% growth in Asia-Pacific,” said IATA director general Giovanni Bisignani. Outside of Europe, all regions reported double-digit growth in passenger traffic. “The question is how long can the industry maintain the double-digit momentum. Business confidence remains high and there is no indication that the recovery will stall any time soon. But, with government stimulus packages tailing off and restocking largely completed, we do expect some slowing over the months ahead,” added Bisignani.Related Articles from News
TPI enjoys healthy fiscal year
Mon 30th August 2010
| Travel Professionals International has released financial results for the fiscal 2010 year, showcasing double-digit growth year over year in sales, commissions and new members for the fifth consecutive year. The Winnipeg-based firm saw a 16% increase in travel sales, while commissions and service fees related to travel sales rose 21%. "With commission growth outpacing sales growth, our agents are not only selling more but are putting more money back in their pockets," said Phil Sproul, TPI president. Revenue from new member fees improved 13%, |
IATA urges Spanish parties to settle air dispute
Wed 11th August 2010
 The International Air Transport Association (IATA) is urging AENA, the Spanish air navigation service provider, and the Spanish air traffic controllers to take all measures possible to avoid strike action. Specifically, Giovanni Bisignani, IATA's director general, urged Spain's air traffic controllers to accept AENA's offer to enter into an arbitration process to resolve their differences. "This is not the time for
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Etihad to launch ‘all economy’ service
Mon 9th August 2010
 Etihad Airways will introduce its first "all economy" class aircraft into its fleet in October. The two Airbus A320s will be configured to carry 162 economy class passengers, an increase of 42 from the current economy capacity. The all economy cabin aircraft will operate to short haul Etihad destinations, which have high demand for economy traffic and low demand for premium traffic. Initially, these will be Alexandria,
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WestJet reports increased earnings
Fri 6th August 2010
 WestJet has reported second quarter 2010 net earnings of $21 million, or 14 cents per diluted share, marking its 21st consecutive quarter of profitability and a 130% increase in net earnings, year-over-year. Excluding the impact of a one-time special item related to revised estimates for provincial income tax allocation calculations in the second quarter of 2010, WestJet's adjusted second quarter net earnings for
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Passenger traffic at Dubai International reaches 22.5 million
Tue 27th July 2010
| Dubai International notched up a solid first half with Dubai Airports announcing year-to-date (June) passenger traffic of 22,554,445, compared to 19,397,089 in the corresponding period in 2009, an increase of 16.3%. This follows Dubai International's 12 consecutive months of double-digit growth in passenger traffic from June 2009 to May 2010. Dubai International handled a total of 3,684,192 passengers in June 2010 compared to 3,361,413 in June 2009, a growth of 9.6%. The average monthly passenger traffic in the first half this year stands at 3.7 |
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July airline passenger traffic rises: IATA
Thu 26th August 2010
 The International Air Transport Association reports international scheduled traffic rose in July, with passenger figures for the month being 9.2% higher than they were in July 2009. July figures were actually less than June growth, which showed an 11.6% rise in passenger traffic. "The apparent slowdown was entirely due to the fact that by July 2009, traffic was already starting to recover. After adjusting for
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Etihad gets off to a good 2010 start
Mon 26th July 2010
 Etihad Airways reported its strongest-ever first-half performance this year, with increases in both passenger and cargo traffic. The airline experienced double-digit growth in the first half of 2010, with passenger numbers up 11% and revenue passenger kilometers up 22% over the same period last year. The growth in passenger numbers, to almost 3.3 million, was accompanied by a rise in seat factors, from 71.5% to
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WestJet reports a 19% increase in June traffic
Wed 7th July 2010
 WestJet reports June traffic results with a load factor of 78.2%. Revenue passenger miles (RPMs) or traffic increased 19% year over year, and capacity, measured in available seat miles (ASMs), grew 10.9% over the same period. The airline flew an additional 139,000 guests in June 2010 compared to June 2009. "Since June is a month when we transition into the peak travel season, we are very encouraged with this month's
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Air travel rebounded in May: IATA
Wed 30th June 2010
 The International Air Transport Association (IATA) reports international scheduled traffic statistics for May showed an 11.7% increase in passenger traffic compared to May 2009. "Demand rebounded strongly in May following the impact of the European volcanic ash fiasco in April. Passenger traffic is now 1% above pre-recession levels," said IATA director general Giovanni Bisignani. A capacity increase of 4.8% in
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Dubai airport boss wants new IT approach
Mon 28th June 2010
 Dubai Airports CEO Paul Griffiths has called on airlines, airports, retailers and information technology providers to break down the silo walls and collaborate on IT solutions that centre on passenger needs.
In a speech at the SITA Air Transport IT Summit in Brussels, Griffiths said: "IT providers can play a role in supporting a new approach to handle traffic growth that is estimated to top 5 billion passenger
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