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25-Jul-2016 11:32 AM

GE: Commercial aviation to increase traffic and profit in 2016

GE published (22-Jul-2016) its expectations for the aviation commercial environment for 2016. Details include:

Passenger traffic: +6.2% year-on-year (2015: 7.4%);
Cargo traffic: +2.1% (2015: 2.3%);
Aircraft departures: 36.8 million (2015: 34.8 million);
Passenger load factors: 80% (2015: 80%);
Jet fuel costs: USD55 per barrel (2015: USD67 per barrel);
Airline profits: USD39 billion (2015: USD35 billion). [more - original PR]

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