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IATA February Report Of The Airlines Financial Monitor

World Travel – Airlines

Open Eyes Opinion {source: IATA}

The IATA February report of the Airlines Financial Monitor

Key points:

Worldwide airline share prices fell 3% in February as crude oil prices rebounded from January lows;

After falling more than 50% by the end of 2014, crude oil prices have rebounded to $60/bbl;

Q4 financial results show continued gains in the US and signs of a positive turn-around in Asia Pacific;
Passenger yields in the US resume sideways trend as fares in other regions fall further;

Air transport volumes weakened in January, but within normal month-to-month volatility;

Notably, though, the demand backdrop continues to show presence of downside risks, including easing business confidence and falling exports orders;

Growth in available seats decelerated in January, but still expanded at a positive 2-3% annualized rate, in excess of the contraction in volumes;

Passenger and freight loads fell in January compared to December, reflecting the fall in volumes and continued growth in international market capacity.

View full report:http://www.iata.org/whatwedo/Documents/economics/Airlines-Financial-Monitor-Feb-15.pdf

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