• Global air freight demand increases by 3.5% in 2018

    2 monthes ago - By Travel and Tourworld

    The demand for global air freight markets, measured in freight tonne kilometers , grew by 3.5% in 2018 as compared to 2017, as per International Air Transport Association data. This was significantly lower than the extraordinary 9.7% growth recorded in 2017.
    Outpacing annual growth in demand, freight capacity, measured in available freight tonne kilometers , rose by 5.4% in 2018. This exerted downward pressure on the load factor but yields proved resilient.
    Air cargo's performance in 2018 was sealed by a softening in demand in December. Year-on-year, December demand decreased by 0.5%. This...
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  • India's domestic air travel posts fastest full-year growth, climbs 18.6%

    India's domestic air travel posts fastest full-year growth, climbs 18.6%

    2 monthes ago - By Travel and Tourworld

    India's domestic air passenger market posted the fastest full-year domestic growth rate in 2018, IATA data reveals. There has been an annual demand increase of 18.6%.
    India's domestic market posted growth for the fourth consecutive year. This domestic demand is underpinned by robust economic expansion and increasing numbers of city pairs.
    Overall global domestic air travel climbed 7.0% last year, which remained unchanged from the rate in 2017. India and China led this growth, which both posted double-digit annual increases.
    Australia represented the opposite picture, as annual traffic rose...
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  • Global passenger traffic demand up 6.5% in 2018: IATA

    Global passenger traffic demand up 6.5% in 2018: IATA

    2 monthes ago - By Travel and Tourworld

    The International Air Transport Association announced global passenger traffic data for 2018 which shows that demand (measured in total revenue passenger kilometers or RPKs) climbed 6.5% compared to full-year 2017.
    “2018 was another year of strong passenger demand, as aviation continued to support the global economy. We expect similar, if somewhat moderating performance in 2019,” Alexandre de Juniac, IATA's Director General and CEO said.
    Although this represented a slowdown compared to the 2017 annual growth of 8.0%, it was another year of above-trend growth.
    “Nevertheless, slowing growth...
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