IATA Reports Strong Global Traffic, but Europe Lags Behind

29 July 2010 (Last Updated July 29th, 2010 18:30)

The International Air Transport Association (IATA) announced that international passenger traffic and freight traffic rose by 11.9% and 26.5%, respectively, in June 2010 compared with June 2009. June's rise in capacity kept load factors in line with historical highs at 79.8%

The International Air Transport Association (IATA) announced that international passenger traffic and freight traffic rose by 11.9% and 26.5%, respectively, in June 2010 compared with June 2009.

June's rise in capacity kept load factors in line with historical highs at 79.8% for passenger traffic and 53.8% for freight.

IATA director general and CEO Giovanni Bisignani said Europe is recovering at half the speed of Asia with a passenger growth rate of 7.8% compared with 15.5% in Asia Pacific.

International passenger demand returned to its upward growth trend and is now almost 2% above the pre-recession peak of the first quarter of 2008.

In June, passenger demand increased by 18% for Middle Eastern carriers, 15.5% for Asia Pacific carriers, 10.8% for North American carriers, 7.8% for European carriers, 14.7% for Latin American carriers and 21.3% for African carriers.

International freight demand increased by 26.5% in June, breaking down to 29.8% for airlines in Asia Pacific, 39.6% in the Middle East, 44.9% in Latin America, 54% in Africa, 24.2% in North America and 15.3% in Europe.