AIR CARGO OFF TO SOLID START IN 2017

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.9% in January 2017 compared to the year-earlier period. While this was down from the 10% annual growth recorded in December 2016 it still was well above the average annual growth rate […]

Air Travel Demand Rose 6.7% in 2016

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]

Bookings to Latin America Fall after Zika Warning

Airline bookings to parts of Latin America and the Caribbean have slipped globally since a US public health agency warned pregnant women against travel to areas where the Zika virus is spreading. Bookings to regions hit by the mosquito-borne virus fell 3.4 percent from a year ago between January 15, when the US Centres for […]