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World airline traffic back above pre-recession levels, but Europe still weakest

30-Jun-2010

IATA reported that demand rebounded “strongly” in May-2010, following the impact of the European “volcanic ash fiasco” in Apr-2010. Director General and CEO, Giovanni Bisignani, commented that "passenger traffic is now 1% above pre-recession levels, while the freight market is 6% bigger. However, the situation in Europe, both in terms of traffic and financial recovery, remains weak. [783 words]

Unlock the following content in this report:

Subheadings:

  • Double-digit traffic increases in May-2010
  • Load factor gains sustained
  • Strong surge in cargo traffic
  • Aircraft utilisation remains below pre-recession levels
  • Europe remains the weakest region - cargo a bright spot

Graphs and data:

  • IATA traffic results: May-2009 vs May-2010 growth levels
  • IATA airlines RPK growth by region: May-09 to May-2010
  • IATA airlines passenger load factor by region: May-09 to May-2010
  • IATA airlines ASK growth by region: May-09 to May-2010
  • IATA airlines FTK growth by region: May-09 to May-2010
  • IATA global and European¬† outlook for 2009 and 2010: Previous forecasts (Dec-2009 and Mar-2010) and current forecast (Jun-2010)¬†
  • Net profits by region (USD billion): 2009 and 2010
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