Global international traffic—combining worldwide premium and economy traffic—leveled off in November, with year-over-year (YOY) growth of 3.6%, unchanged from October, according to IATA’s November Premium Traffic Monitor.
November on-time arrivals for scheduled domestic flights improved 0.6 points from October, to 80.6%, according to the US Department of Transportation’s (DOT) Air Travel Consumer Report and the Bureau of Transportation Statistics (BTS).
Global air passenger traffic demand grew 6% in November, driven substantially by surging 6.9% year-over-year domestic travel growth, particularly in China (up 15.4% year-over-year) and India (up 14.2% YOY), according to IATA’s November Air Passenger Market Analysis Report.
The worldwide air freight market grew 4.2% year-over-year in November, largely delivered by carriers in the Asia-Pacific and Middle East regions, according to IATA’s November Air Freight Market Analysis.
Dragon Aviation Leasing has taken delivery of the first four of ten Boeing 737-800 Next Generation aircraft the Beijing-based lessor has on order -- a ‘previously unidentified customer’ transaction valued at $933 million at current list prices. The aircraft were delivered in December.
Worldwide premium and economy passenger traffic picked up in October, rebounding modestly from September, as total traffic grew 3.6% year-over-year, according to IATA’s October Premium Traffic Monitor.
FedEx Corp. has posted a consolidated net profit of $616 million for its FY2015 second-quarter ended Nov. 30, up 23.2% year-over-year from net income of $500 million in the company’s FY2014 second quarter.
The 10 largest US scheduled passenger airlines collectively reported net income of $2.99 billion in the 2014 third-quarter, down 13.8% from a 2014 second quarter net profit of $3.5 billion but nearly matching (down by 0.5%) the $3 billion in net income the 10 carriers posted in the 2013 third quarter.