Commercial Aviation in 2016: 6.3% growth and setting new records
About 3.7 billion passengers were registered!
Earlier this month, IATA (The International Air Transport Association) issued a press release with figures for the year 2016. Passenger traffic increased by 6.3%, with 3.7 billions of passengers globally registered. At the same time, the aircraft loading level reached a global average of 80.5%, a new record set. And the transport capacity increased by 6.2% compared to 2015.
3.7 billion passengers were registered
Particular performance was recorded in December 2016, when demand was 8.8%, and transport capacity increased by 6.6% compared to the same period of the previous year.
According to IATA, 2016 has brought over 700 of new routes, and the average fare has dropped by 44 dollars. As you can see, demand is increasing, and flights are more accessible.
IATA warns that this requirement is increasing, and governments will need to work with the aeronautical industry to meet this demand. Infrastructure is needed to support the growth of flights, regulations to support industry development, but also to adjust taxes so as not to stifle this growth.
If the abovementioned ones are observed, the aeronautical industry will develop safely and facilitate the creation of new jobs.
International passenger traffic in 2016
According to IATA, international passenger traffic increased by 6.7% compared to 2015, and transport capacity increased by 6.9%. The aircraft loading factor also increased by 0.2%, to 79.6%.
If we look at regions, companies in the Middle East they registered the largest increase in passenger traffic, by 11.8%. And the transport capacity increased by 13.7%, continuing to exceed the demand. At the same time, this accelerated increase in transport capacity has decreased the average loading rate of aircraft by 1.3%, reaching 74.7%.
Companies in Asia-Pacific registered a significant increase of 8.3% of passenger traffic. The transport capacity increased by 7.7%, and the average aircraft loading rate increased by 0.4%, up to 78.6%.
Airlines from Latin America they increased passenger traffic by 7.4% and transport capacity increased by 4.8% compared to 2015. Thus, the degree of load per region was 81.3%, increasing by 1.9% compared to 2015.
And companies in Africa registered an increase of 7.4% of international passenger traffic. The growth is supported by the growing demand for flights to Asia and the Middle East. The transport capacity also increased with 7.4%, which makes the loading level remain at 67.7%.
The smallest increases were registered in Europe, with international passenger traffic increasing by only 4.8% compared to 2015, but also in North America where the increase was only 2.8%. The increase in transport capacity was 3.3%, which led to a decrease in the average load level by 0.5%, to 81.3%.
Internal passenger traffic in 2016
With regard to international passenger traffic, the increase was 5.7%. Increased transport capacity increased by 5.1%, and the average aircraft loading rate was 82.2%.
The markets with the highest growth in domestic traffic were China (11.7%) and India (23.3%). These increases were supported by new routes, but also by the increase in frequencies on existing routes. This trend will continue in 2017.