Released 5th April 2018
Key points from our report on air passenger markets in February:
- As expected, year-on-year growth in industry-wide revenue passenger kilometres (RPKs) rebounded in February following the distortion last month from temporary factors including the later timing of Lunar New Year in 2018
- The upward trend in passenger volumes is continuing to be supported by robust global economic conditions
- The industry-wide load factor posted a record high for the month of Feb (80.4%). All regions except the Middle East posted record highs for the month, while the domestic India load factor exceeded 90% for the first time ever.
- Carriers based in Latin America posted the fastest international RPK growth of all regions in February. Meanwhile, year-on-year growth in domestic India RPKs remained in double-digit territory for the 42nd month in a row.
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