IATA has officially released a report for November 2018 showing global passenger traffic results.
The report suggests that the passenger traffic around the world remained stable during the 11th month of the year. According to the report, the total RPK (revenue passenger kilometers) was 6.2% higher in contrast to 2017. However, the growth speed was lower than the previous month of 2018.
Capacity measured in available seat kilometers was also on the rise, showing 6.8% increase, with a load factor of 80%, 0.4% lower than November 2017. The month showed a 6.6% rise in international passenger demand from November 2017 and a 6.2% increase from October 2018.
Demand across European destinations rose by 9% in November 2018, with a capacity rise of 9.1% and a load factor of 82.1%. Asia-Pacific’s traffic also jumped, showing 6% positive change, with capacity rise of 6% and a load factor of 79.1%.
The Middle East and North American operators also saw increases in the passenger demand of the regions, as well as Latin American and African airlines.
Alexandre de Juniac, IATA’s Director General and CEO, shared that traffic is stable but a slowing global economy is expected to soon have its impact on the market.