Global full-year 2012 passenger airline traffic grew 5.3 percent year over year, - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

January 31, 2013 - 03:00 PM ET

Global full-year 2012 passenger airline traffic grew 5.3 percent year over year, according to the International Air Transport Association. That fell below the 2011 growth rate of 5.9 percent, but exceeded the 20-year average growth rate of 5 percent. Worldwide "demand in international markets expanded at a faster rate (6.0 percent) than domestic travel (4.0 percent)," according to IATA. Yet, North American carriers underperformed both averages, with "the slowest international passenger growth of any region at 1.3 percent" and U.S. domestic traffic up only 0.8 percent year over year, according to IATA. "The slowdown reflects the maturity and subdued economic growth of the U.S. market," according to IATA. Director general and CEO Tony Tyler projected "guarded optimism" for 2013 worldwide passenger growth, which IATA anticipated will "expand close to the 5 percent historical growth trend."

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
JetBlue Airways president Robin Hayes will replace Dave Barger as CEO on Feb. 16, 2015,... read more »
Air Canada added a $25 checked-bag fee for Tango fare domestic flights within Canada and on Mexico/Caribbean routes,... read more »
Wireless Internet provider Gogo will install in-flight connectivity on Virgin Atlantic's fleet,... read more »
United Airlines added 50 76-seat Embraer 175 aircraft to operate under the United Express brand... read more »
Indirect group purchasing organization Corporate United has launched a car rental program for members via an agreement with Enterprise Holdings,... read more »
Alaska Airlines in August was the most punctual among the nine North American network carriers with an on-time performance ratio of 88.2 percent,... read more »
WestJet is adding a $25 first-checked-bag fee for passengers traveling on Econo fares for domestic flights and flights between Canada and the United States,... read more »
The U.S. Department of Transportation tentatively approved an application by Brazilian airline Azul Linhas Aéreas Brasileiras to launch U.S. service,... read more »
Concur partnered with French taxi service Taxis G7.... read more »
Hertz Global Holdings chairman and CEO Mark Frissora has stepped down for "personal reasons,"... read more »
Virgin Atlantic plans to boost services on North Atlantic routes while ceasing flights to Cape Town, Mumbai, Tokyo and Vancouver.... read more »