1 JUNE 2009
BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.
The Business Travel News
PO Box 758
Edgware HA8 4QF
+44 (0)20 8952 8383
© 2019 Business Travel News Ltd.
IATA (International Air Transport Association) has published traffic figures for April which show a 3.1% decline in passenger demand and a 21.7% fall in cargo demand compared to April 2008. The average passenger load factor stood at 74.4%. While April’s 3.1% passenger demand drop was a clear improvement compared to the -11.1% fall in March, this improvement should be viewed with caution says IATA. Easter holidays, which fell in the month of April, positively skews the data by at least 2%. Traffic gains were at the expense of yields in most regions. And preliminary data for May suggests a renewed double digit decline, at least for European airlines. Freight demand appears to have found a solid floor with a fifth consecutive month at more than 20% below the previous year’s levels. www.iata.org
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum
No one has commented yet, why don't you start the ball rolling?