17-Jul-2013 9:58 AM
IATA releases industry highlights for 2012
IATA released (16-Jul-2013) the 57th Edition of the World Air Transport Statistics (WATS) yearbook and provided the following snapshot of 2012 performance:
- Systemwide, airlines carried 2.977 billion passengers on scheduled services;
- Developing economies continued to drive global demand growth: 65% of the growth in passenger numbers on international services in 2012 occurred on markets linked to emerging markets;
- Premium travel segment slipped to 7% of total international travel in 2012, but yields for the segment were more robust than for the economy segment, and premium travel accounted for 27% of international passenger revenues;
- Top countries by region (passengers carried);
- Countries with high year-over-year increase in passenger growth included Indonesia (18.2%), Thailand (17.7%) and Turkey (16.7%).
- Top five airlines by total scheduled passengers:
- Top three international city-pairs:
- The top three domestic city-pairs:
- Air freight markets suffered another difficult year punctuated by shrinking demand, falling utilisation and lower yields.
- Global freight tonne kilometers decreased by 1.1% compared to 2011 but still represented an estimated USD6.4 trillion of goods by value;
- The top five airlines ranked by total scheduled freight tonnes:
- Global commercial air transport consumed 73 billion US gallons of fuel at an estimated cost of USD209 billion, 33% of airline operating costs;
- The rise in the price of jet fuel since 2010, to an average of USD130 per barrel in 2012, has added over USD60 billion to the industry's fuel bill.
- IATA member airlines fuel efficiency improved by 18% during the 2001-2012 period from 45.0 to 36.8 liters per 100 revenue tonne kilometers. Fuel efficiency improved by 1.7% in 2012 compared to 2011.
Fleet and assets utilisation
- 1374 jets and turboprop aircraft delivered in 2012, adding 7-8% to industry capacity. Less fuel-efficient aircraft were retired or put in storage resulting in a net fleet expansion of 500 aircraft.
- 24,911 aircraft were in commercial airline service at the end of 2012.