Tag Archives: IATA

The Indian domestic Revenue Passenger Kilometres (RPK) market recorded an 8.9% annual growth rate, up from 8.2% in June, reveals IATA Air Passenger Market Analysis. The market has not yet returned to the double-digit growth rates that were the norm in the past 4-5 years. Yet it seems to be adjusting well to the disruption caused by the demise of Jet Airways; capacity is also back on track (7.1% yoy in July vs 3.4% in June).

The average return fare in 2018 was 60% lower than in 1998, before taxes and surcharges, while the cost of air freight ($/Kg) was down 61% over the same period, stated Alexandre de Juniac, Director General and CEO, International Air Transport Association (IATA), in the IATA World Air Transport Statistics (2019 WATS), where they released performance figures for 2018 . He added that aviation is good for local economies too— $843 billion in tourism spending was made possible by air travel last year, while governments collected $129 billion in tax revenues from airlines and air travel.

Airlines across the world carried 4.4 billion passengers on scheduled services, an increase of 6.9 per cent over 2017, representing an additional 284 million trips by air, according to the International Air Transport Association (IATA), which released performance figures for 2018 in the IATA World Air Transport Statistics (2019 WATS).  Alexandre de Juniac, Director General and CEO, IATA, stated, “The world’s airlines safely carried around 4.3 billion passengers last year, on some 126,000 daily flights connecting over 21,000 city pairs.”

A study by International Air Transport Association (IATA) has revealed that in terms of air travel growth driven by emerging markets, India leads the pack with 18.9 per cent Revenue Passenger Kilometres (RPK) growth in 2018 as against 2017. China ranked second at 12.1 RPK, followed by Russia at 9.2 RPK.

The recently released global passenger traffic results for May by The International Air Transport Association (IATA), revealed that after a fall in domestic RPKs in April (down 2.0 per cent YoY), following the demise of Jet Airways, growth in the India market rebounded sharply in May, with RPKs now an even 6.0 per cent higher than a year ago. While it will take some time for the market to adjust to the recent shock, the longer-term outlook for domestic India traffic remains positive.

Lufthansa City Center (LCC), which is operating a franchise model consisting of IATA-affiliated independent travel agency entrepreneurs, is now piloting an Affiliate Program in India, for which it has partnered with Travels and Rentals. As a Premium LCC member, Travels and Rentals is now authorised to serve as a hub agency for directly connected LCC affiliate members in India. With more than 570 offices in over 90 countries and a total turnover of approximately 5.3 billion euros, Lufthansa City Center is the biggest independent travel agency franchise system worldwide.

The growth of India’s domestic air passenger traffic slowed in November but still managed to rise in double digits for the 51st consecutive month, according to International Air Transport Association (IATA). “India posted its 51st consecutive month of double-digit domestic RPK (revenue passenger kilometres) growth in November (13.3 per cent). This was the slowest pace in 16 months, but the bigger picture is that the strong upward trend in traffic remains in place,” IATA said in its air passenger market analysis for November 2018. According to IATA, India’s domestic air passenger volume, measured in RPK, was the second highest amongst major aviation markets like Australia, Brazil, China, Japan, Russia and the US. India’s domestic RPK in the month under review rose 13.3 per cent compared to the corresponding month of the previous year. Its domestic passenger traffic growth was second only to that of Russia at 13.8 per cent, followed by China at 7.2 per cent in the third place. “As we have argued before, strong gains in the domestic India market are being supported by structural changes, including ongoing rises in living standards, as well as large increases in the number of airport connections within the country. The latter translates into time savings and has a similar stimulatory impact on demand as reductions in fares,” IATA said. In terms of capacity, India’s domestic available seat kilometres (ASK) — which measures available passenger capacity — stood higher by 19.8 per cent in November, followed by that of Russia’s 10.9 per cent and China’s 10.2 per cent

India is set to become the third largest air passenger market, surpassing the UK around 2024, according to a recent study by IATA’s ‘20-Year Air Passenger Forecast’. The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. Over the next two decades, the forecast anticipates a 3.5% compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels. The Asia-Pacific region will drive the biggest growth with more than half the total number of new passengers over the next 20 years coming from these markets. Growth in this market is being driven by a combination of continued robust economic growth, improvements in household incomes and favorable population and demographic profiles. “Aviation is growing, and that is generating huge benefits for the world. A doubling of air passengers in the next 20 years could support 100 million jobs globally. There are two important things that stand out about this year’s forecast. Firstly, we are seeing a geographical reshuffling of world air traffic to the East. And secondly, we foresee a significant negative impact on the growth and benefits of aviation if tough and restrictive protectionist measures are implemented,” said Alexandre de Juniac, Director General and CEO, IATA.

Travelport has become the first GDS operator to manage the live booking of flights using the International Air Transport Association’s (IATA) New Distribution Capability (NDC) technical standard. The first transaction was made by a British agency, Meon Valley Travel, on October 19 for a short-haul low-cost flight from London to Milan issued by a major European carrier. The new capability allows bookings to be made for any services on the airline without incurring a surcharge. Travelport’s new NDC capability is enabled using similar XML connections to those Travelport already deploys with APIs for over 20 low-cost carriers. The company published a roadmap for its initial range of NDC products in February, having been the first GDS operator in December 2017 to acquire Level 3 certification from IATA as an aggregator. It will also be followed by a series of product enhancements, including a version for online agents in 2019. Gordon Wilson, President and CEO, Travelport, said: “We are delighted to have taken a lead in bringing the NDC era to life. It has required an extraordinary amount of skill and expertise to make this happen and I want to thank my own colleagues at Travelport as well as our partners. We are still at the earliest stages of NDC deployment. Its evolution will continue to take time as we learn from the practical experience of its first use. Meanwhile, we continue to offer a comprehensive global travel commerce platform capable of handling mass volumes of searchable and bookable content at speed for the world’s travel providers and agents.”

India is forecast to gain an additional 359 million passengers by 2037, compared to 2017,  according to a report by IATA, titled ‘The Future is Bright…But Not Without Its Challenges’. This means that, by 2037, there will be almost 520 million passengers flying to/from and within India each year. Domestic passengers will account for around 63 per cent of the total growth over this period, or 228 million additional passengers. Foreign passengers will contribute less to overall growth, representing 37 per cent of the total market growth, equal to 131 million additional passengers.