Thursday, April 9, 2026
29.5 C
Lagos

African Airlines Report 9.5% Traffic Growth in May

The International Air Transport Association (IATA) announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 4.6%, compared to the same month in 2015, which was the same level achieved in April. Capacity climbed 5.5%, which pushed the average load factor down 0.7 percentage points to 78.7%. Demand for domestic traffic rose 5.1%, outpacing international demand growth of 4.3%.
“After a very strong start to the year, demand growth is slipping back toward more historic levels. A combination of factors are likely behind this more moderated pace of demand growth. These include continuing terrorist activity and the fragile state of the global economy. Neither bode well for travel demand. And the shocks of Istanbul and the economic fallout of the Brexit vote make it difficult to see an early uptick,” said Tony Tyler, IATA’s Director General and CEO. 
 
May 2016 
(% year-on-year)
World share¹

RPK

ASK

PLF 
(%-pt)²         
PLF 
(level)³  
Total Market
100.0%
4.6%
5.5%
-0.7%      
78.7%
Africa
2.2%
8.6%
9.4%
-0.5%
65.7%
Asia Pacific
31.5%
6.6%
6.9%
-0.2%
76.9%
Europe
26.7%
2.0%
2.8%
-0.6%
80.2%
Latin America
5.4%
1.7%
1.3%
0.3%
79.4%
Middle East
9.4%
11.2%
15.4%
-2.7%
72.1%
North America
24.7%
3.0%
3.4%
 -0.3%
83.8%
 
International Passenger Markets
spot_img
spot_img
spot_img

Hot this week

Mutual Benefits Highlights Power of Structured Financial Planning as Nigerians Struggle to Save

A growing number of Nigerians are struggling to build...

APC Chairman: Party is Nigeria’s Only Tested Vehicle for Stability, Progress, National Renewal

The National Chairman of the All Progressives Congress (APC),...

RHUCE Taps into Africa’s $3b Creator Economy with New Monetisation Platform 

RHUCE, a new social platform designed for African creatives,...

FG Tasks PenCom on N28tn Pension Assets at Board Inauguration

The Federal Government has inaugurated the Governing Board of...

Inspenonline Retirement Summit 2026: Experts to Brainstorm on Turning Dreams into Reality for Workers

How to turn dreams into reality through insurance; pension...

Topics

NDIC Initiates N47bn Payment to Heritage Bank Depositors

A liquidation dividend represents amount paid by the Corporation...

African Energy Ministers Xray Opportunities in Power Sector

Over 130 speakers to date have confirmed to attend...

UNCTAD Appoints Moghalu to High Level Expert Group

The Governing Board of the United Nations Conference on...

DHL Renews Sponsorship of eCommerce Africa Conference 2019

DHL Express in Sub-Saharan Africa (SSA) has announced that the...

Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta 

Yetunde Oni, Managing Director, Union Bank of Nigeria; (Centre)...

Linkage Assurance PAT up 431% to N2.9bn in 2017

Dr. Pius Apere MD/CEO Linkage Assurance Plc Linkage Assurance Plc has recorded...

MTN: ‘N50bn to FG is Part Payment on N780bn Fine’

MTN Nigeria says the N50 billion it paid to...

Leveraging Technology in the Wake of Coronavirus

While the novel coronavirus brought about physical confinement of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img