Airlines Fill Record Number of Seats Traffic Soars

Airlines Fill Record Number of Seats, Traffic Soars

"The solid performance was also supported by a stabilization of emerging market weakness and renewed confidence in Europe and North America," said IATA chief Tony Tyler.

GENEVA - World airline traffic expanded 6.8% in August, enabling the industry to match an all-time record of 83.4% of seats filled, the International Air Transport Association said Wednesday.

"August was a positive month for passenger travel," IATA chief Tony Tyler said in a statement, pointing out that the overall passenger load factor, or percentage of seats filled, matched a record set in July 2011.

Passenger demand that month was up 6.8% year-on-year, with strong growth across all markets, but especially in the Middle East, Latin America and Asia.

"The solid performance was also supported by a stabilization of emerging market weakness and renewed confidence in Europe and North America," Tyler pointed out.

Traffic on international routes was up 7.5% in August while demand for domestic travel was up 5.6%.

Middle Eastern carriers experienced the strongest year-on-year international traffic growth of 15.1%.

But this number was heavily impacted by the timing of Ramadan, when Muslims tend to travel less, IATA said, pointing out that the holiday fell in August in 2012 but in July this year.

Latin American airlines meanwhile saw international traffic grow 9.8% in August, while carriers in the Asia Pacific region recorded a 8.6% hike.

Modest economic improvements and rising consumer confidence also helped boost airline travel in Europe by 5.4%, while North American airlines saw demand rise 5.1% compared to August a year ago.

Tyler hailed the growth, stressing that "most indications (are) pointing towards an acceleration in the fourth quarter."

Copyright Agence France-Presse, 2013

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