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IATA: June slump for pax demand

1 hour ago
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In June, the growth of global passenger demand, measured in revenue passenger kilometres (RPK), continued to slow to a 2,6% year-on-year (y-o-y) increase, compared with 5% in May and 8% in April.

“That’s a slower pace than we have seen in previous months and reflects disruptions around military conflict in the Middle East,” said Willie Walsh, IATA DG.

IATA’s Air Passenger Market Analysis revealed that African airlines had experienced a severe deceleration in demand, only increasing 0,8% y-o-y, also significantly lower than the 9,5% increase reported in May. The report cited competition from European and Middle Eastern airlines as one of the main factors behind the decline.

Total global capacity, measured in available seat kilometres (ASK), was up 3,4% y-o-y in May, while African airlines increased by 1,5%.

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