IATA reported a 6.8% growth in February RPKs, a 5.1% increase in international capacity and a 1.2-point rise in load factor to 73.3%, figures that matched forecasted numbers and supported a "new and cautious optimism that is returning to the industry," according to DG and CEO Giovanni Bisignani. Middle East traffic (up 15.3%) and capacity (up 14%) showed the most growth. Capacity increases outpaced traffic in Africa and Latin America. Freight traffic climbed 5.4% on a 5.3% increase in capacity.
Subscribe to Access this Entire Article
"IATA: February growth brings 'cautious optimism'" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.