Released 5 July 2018
Key points from our report on air passenger markets in May:
Industry-wide revenue passenger kilometres increased by 6.1% year-on-year in May – a slight pick-up from 6.0% in April. This helped to lift the passenger load factor above 80% for the first time ever in the month of May (80.1%).
Reduced stimulus from lower airfares and a more mixed economic backdrop are expected to see RPK growth slow slightly in calendar-year 2018 relative to that seen last year. Nonetheless, the key point is that we continue to expect 2018 to be another year of above-trend passenger growth.
Carriers based in Asia Pacific once again posted the fastest international RPK growth rate, while annual growth in domestic India RPKs remained in double-digit territory for the 45th month in a row.
To read the full report – Click here