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IATA: Global passenger traffic up 4.6% in January

  • IATA reports global airliners showed passenger growth of 4.6% in January.
  • International flights were up 5.4% on a revenue passenger kilometer basis, while domestic routes increased 3.2%.
  • Jan. passenger demand by carrier region: Europe +5.0%, Asia-Pacific +4.7%, North America +2.7%, Middle East +11.4%, Latin America +5.6%, Africa -0.7%.
  • The timing of the Chinese New Year (February this year) was a factor, notes IATA. Overseas trips by domestic passengers rose an estimated 10% Y/Y during the Chinese New Year holiday.
  • Global airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, AIDIF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTC:MLYAF, OTCPK:AFLYY, VLRS, LUV.

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