No.:
Date:
03 September 2008
Airlines to lose US$5.2 billion in 2008-Slowing Demand and High Oil to Blame
| Jul 2008 vs. Jul 2007 |
RPK Growth |
ASK Growth |
PLF |
FTK Growth |
ATK Growth |
| Africa |
-0.7% |
-0.9% |
74.1 |
7.0% |
-4.7% |
| Asia/Pacific |
-0.5% |
2.0% |
76.8 |
-6.5% |
-2.2% |
| Europe |
1.3% |
3.7% |
80.6 |
-1.2% |
2.8% |
| Latin America |
8.1% |
8.4% |
80.4 |
-11.7% |
6.3% |
| Middle East |
5.3% |
6.6% |
79.1 |
12.9% |
7.2% |
| North America |
4.2% |
5.6% |
84.4 |
4.4% |
5.5% |
| Industry |
1.9% |
3.8% |
79.9 |
-1.9% |
2.0% |
| YTD 2008 vs. YTD 2007 |
RPK Growth |
ASK Growth |
PLF |
FTK Growth |
ATK Growth |
| Africa |
-1.3% |
-1.9% |
69.1 |
-6.6% |
-4.8% |
| Asia/Pacific |
3.1% |
4.3% |
74.9 |
-0.3% |
0.6% |
| Europe |
3.2% |
5.0% |
76.0 |
2.7% |
4.3% |
| Latin America |
14.6% |
13.3% |
74.5 |
-11.5% |
8.9% |
| Middle East |
9.6% |
9.9% |
75.5 |
10.5% |
10.7% |
| North America |
5.7% |
6.5% |
80.4 |
5.7% |
6.1% |
| Industry |
4.5% |
5.6% |
76.1 |
1.9% |
3.9% |
Notes for editors:
- IATA (International Air Transport Association) represents some 230 airlines comprising 93% of scheduled international air traffic.
- Explanation of measurement terms:
- RPK: Revenue Passenger Kilometres measures actual passenger traffic
- ASK: Available Seat Kilometres measures available passenger capacity
- PLF: Passenger Load Factor is % of ASKs used. In comparison of 2008 to 2007, PLF indicates point differential between the periods compared
- FTK: Freight Tonne Kilometres measures actual freight traffic
- ATK: Available Tonne Kilometres measures available total capacity (combined passenger and cargo)
- IATA statistics cover international scheduled air traffic; domestic traffic is not included.
- All figures are provisional and represent total reporting at time of publication plus estimates for missing data. Historic figures may be revised from what was previously published.
- International passenger traffic market shares by region in terms of RPK are: Europe 32.8%, Asia Pacific 32.5%, North America 19.0%, Middle East 9.1%, Latin America 4.4%, Africa 2.3%
- International freight traffic market shares by region in terms of FTK are: Asia Pacific 45.0%, Europe 27.3%, North America 16.9%, Middle East 7.7%, Latin America 2.0%, Africa 1.1%
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