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Airline Finance News.

For more airline finance news, data and analysis, please go to: Jul 31, 2006

International Air Transport Association (IATA) has released figures showing that in spite of record oil prices global air passenger traffic has grown by 6.7% while international freight traffic grew by 5.2% over the same period in 2005. The load factor reached 75.1%, +1.2% higher than during the same period last year. For the single month of June, passenger traffic continued the pattern of strong and stable growth seen over the past 18 months with a 6.5% expansion over June 2005. With only a 4.4% expansion in capacity, the passenger load factor reached 78.3%, +1.5% above June 2005. Freight performance was disappointing with 4.1% growth, a drop from the 5.1% growth recorded in May. Jul 28, 2006

Industry group International Air Transport Association (IATA) expects airlines worldwide to post losses of USD$2.2 billion this year after losing a total of USD$6 billion last year. Jul 28, 2006

International Air Transport Association (IATA) reported a 6.5% year-over-year increase in worldwide international RPKs in June and a 4.4% rise in ASKs, resulting in a 1.5-point gain in load factor to 78.3%. Highest regional load factor was North America's 85.3%, where RPKs rose 6.8% and capacity climbed 5.1%. Global freight traffic increased 4.1% against a 4.6% hike in ATKs. Jul 28, 2006
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Publication:Airguide Online
Date:Jul 31, 2006
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