Corporate Traveller

IATA: Air travel demand increases by 5.4 per cent

Recent findings from the International Air Travel Association (IATA) show leisure and business travel are staying relatively strong, with every region except Africa seeing positive traffic growth.

Global demand for air travel has increased by 5.4 per cent compared to 2013. Capacity has also risen by 5.2 per cent and passenger load factor (the available passenger capacity that was actually used) increased by 0.2 per cent.

Europe experienced the strongest increase of international traffic with a 5.8 per cent increase.

In the Asia-Pacific region, carriers experienced a 4 per cent increase in international traffic. Capacity also grew by 5.1 per cent but passenger load factor fell by 0.8 percentage points.

Demand on North American carriers increased by 2 per cent while airlines in the Middle East saw substantial growth of 13.4 per cent in international traffic.

Traffic on Latin American airlines also increased by 4.2 per cent.

Australian business travel grew with a 3.1 per cent increase in passenger traffic and a 1.9 per cent increase in available passenger capacity. Load factor reached 75.2 per cent overall.