Worldwide passenger demand growth slows in March
Year-on-year growth in passenger traffic, measured by RPKs, stood at 3.8% in March, lower growth than the 5.8% seen in February.
Cargo traffic, however, grew 3.7% in March, measured by FTKs, higher than the 1.8% recorded in February.
“The profile of the recovery in air transport sharply decelerated in March. The global industry lost two percentage points of demand as a result of the earthquake and tsunami in Japan and the political unrest in the Middle East and North Africa (MENA),” said Giovanni Bisignani, IATA’s director general and CEO.
Egypt and Tunisia experienced traffic levels 10-25% below normal for March.
Unrest in Libya virtually stopped civil aviation to, from and within that country.
Middle Eastern carriers saw year-on-year demand growth fall from 8.3% in February to 5.6% in March.