Global Air Traffic in May Exceeds Pre-Recession Levels

4 July 2010 (Last Updated July 4th, 2010 18:30)

The International Air Transport Association (IATA) has said that compared with May 2009 global passenger and cargo traffic in May increased by 11.7% and 34.3% respectively, exceeding pre-recession levels. IATA director general and CEO Giovanni Bisignani said passenger traffic rose by 1% a

The International Air Transport Association (IATA) has said that compared with May 2009 global passenger and cargo traffic in May increased by 11.7% and 34.3% respectively, exceeding pre-recession levels.

IATA director general and CEO Giovanni Bisignani said passenger traffic rose by 1% and the freight market rose by 6% above pre-recession levels in May.

A capacity increase of 4.8% has pushed international passenger load factor to 76%, or 78.7% when adjusted for seasonality.

In cargo traffic, a capacity increase of 12.3% has pushed load factors to a record high of 55.7% or 56.3% when adjusted for seasonality.

Passenger demand on Latin American carriers rose by 23.6%, Middle Eastern carriers by 17.5%, African carriers by 16.9%, Asia-Pacific by 13.2%, North American carriers by 10.9% and European airlines by 8.3%.

Freight demand rose by 60.2% in Latin American carriers, 58.2% in African carriers, 38.7% in Asia-Pacific airlines, 35.3% in North American, 38.6% in Middle East airlines and 21.9% in European carriers.