The International Air Transport Association (IATA) released international traffic results for September today, reported that international passenger traffic had a 10.5% year-on-year increase which is significantly stronger than the 6.5% rise recorded for August. International freight traffic recorded a 14.8% year-on-year increase, which is significantly weaker than the 19.0% rise recorded in August. The contrast between the performance of freight and passenger markets provides a mixed picture for industry performance. Seasonally adjusted figures show that, compared to the previous month (August), passenger traffic in September expanded by 2.1% while freight markets contracted by an equal 2.1%.
Other highlights include:
4. Middle Eastern carriers led the industry growth with a 23.9% increase compared to 2009, and Latin American carriers posted the industry’s weakest growth at 6.6%.
5. African carriers reported a 16% growth in demand over the previous September. The region is now 7% higher than the pre-recession levels of early 2008.