IATA report: International passenger demand at 18-month high in November 2007

05 January 2008

Geneva: The International Air Transport Association (IATA) has released traffic results for November 2007. It says that international passenger demand rose 9.3% year-on-year, which is the highest rate recorded in 18 months. The Asia-Pacific region once again stole the lead over other regions, with growth of 8.8%.

Significantly, the report said that so far there was no indication of a weakening in demand because of economic uncertainty.

Passenger Traffic
The report says that year-on-year international passenger demand rose 9.3% in November, which is the fastest growth rate recorded in 18 months. This is higher than the 7.7% growth recorded in October and the 7.5% growth recorded over the first 11 months of 2007.

Average international passenger load factors were 75.4% in November, 1.1 percentage points higher than in November 2006.

Passenger demand results were strong across most regions.

Asia Pacific (8.8%), North America (7.6%) and Europe (7.6%) all saw robust growth in November with no sign yet of any weakening in demand as a result of economic uncertainty.