Air Transport Market Analysis (Sept 2011)

Released 31 October 2011 the following details key points from the IATA report on air transport markets in September:

• Air travel and air freight markets diverged sharply in September;
• Air freight was pulled lower by deteriorating economic conditions;
• In September worldwide FTKs flown were 2.7% lower than last year;
• However, air travel reloaded back to its recent trend in September, with worldwide RPKs flown 5.6% higher than a year ago;
• Capacity growth logged the reload in air travel causing a significant rise in passenger load factor;
• However, rising capacity coupled with falling freight volumes pushed freight load factors lower;
• Forward-looking indicators, such as business and consumer confidence are pointing to weakness in both freight and travel in the months ahead.

IATA Air Transport Market Analysis - September 2011