Record 3.3bn Air Passengers Flew Last Year: IATA

19 February 2015
Read Time: 0.7 mins

Words by AFP Relaxnews

A record 3.3 billion passengers boarded planes last year, marking a jump of some 170 million passengers from 2013, the International Air Transport Association (IATA) said on Thursday.

"Demand for the passenger business did well in 2014. With a 5.9-percent expansion of demand, the industry out-performed the 10-year average growth rate," IATA chief Tony Tyler said in a statement.

More than half of the growth in passenger travel occurred on airlines in emerging markets, including Asia-Pacific and the Middle East.

Global airline capacity meanwhile rose by 5.6 percent, while the average load factor, or percentage of seats occupied, was 79.7 percent, a 0.2 point increase over 2013.

The strongest overall growth was recorded by carriers in the Middle East (13 percent), followed by the Asia-Pacific region and Latin America, with 5.8 percent each.

Europe meanwhile saw its market swell 5.7 percent, marking a clear hike from the 3.8-percent growth seen in 2013.

"Robust travel on low fare airlines as well as airlines registered in Turkey offset economic weakness and risks in the region," IATA explained.

North America saw demand rise 3.1 percent in 2014, compared to just 2.3 percent a year earlier, and boasted the highest load factor of all regions at 81.7 percent.

African airlines experienced the slowest annual growth of just 0.9 percent, after rising 5.2 percent in 2013.

Copyright AFP Relaxnews, 2015.

This article was from AFP Relax News and was legally licensed through the NewsCred publisher network.


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