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Passenger demand growth slows in April

The International Air Transport Association (IATA) announced global passenger traffic data for April 2018 showing that demand (revenue passenger kilometers or RPKs) rose by 6.2% compared to April 2017, which was down from a 12-month high of 9.7% in March.

Comparisons with the year ago period are impacted by developments a year ago – including the comparatively late timing of Easter in 2017, which boosted April traffic. April capacity (available seat kilometers or ASKs) increased by 5.9%, and load factor climbed 0.2 percentage point to 82.3%, which was a record for the month of April, surpassing last year’s record of 82.1%.

Asia Pacific carriers posted an 8.5% traffic rise in April, strongest among the regions. It was the first time since December 2017 that Asia-Pacific airlines led in growth. Capacity rose 7.6% and load factor improved 0.6 percentage point to 81.0%.

Middle East carriers saw demand rise 4.1% in April. Capacity climbed 3.2% and load factor rose 0.7 percentage point to 77.2%.

European airlines’ April traffic increased 3.4% compared to the year-ago period. While this was down compared to the 9.8% year-over-year growth recorded in March, demand picked up in April in seasonally-adjusted terms. Capacity rose 4.0%. While load factor dipped 0.5 percentage point to 84.6%, it still was highest among the regions.

North American airlines posted a 0.9% demand increase compared to April a year ago, which was sharply down compared to the 9.5% growth experienced in March. Capacity climbed 2.4%, and load factor fell 1.2 percentage points to 80.7%.

Latin American airlines experienced a 6.4% rise in April demand compared to the same month last year. Capacity rose 7.5% and load factor slipped 0.8 percentage point to 81.4%.

African airlines’ had a 5.1% traffic increase in April. Capacity rose 4.6%, and load factor edged up 0.4 percentage point to 72.8%.

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