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IATA Published The May Report Of The Airlines Financial Monitor

World Travel – Airlines

Open Eyes Opinion {source: IATA}

IATA May Report of the Airlines Financial Monitor

Highlights:

  • Worldwide airline share prices were up 12% in April on a year ago, despite some recent weakness owing to the strength of the US dollar and small increases in crude oil prices;
  • Crude oil prices rose slightly in May, buoyed by slowing inventory growth in the US, but are still low (-40%) compared with highs in 2014;
  • Initial Q1 financial results show strong gains in the US and a positive turn-around in Asia Pacific;
  • Passenger yields in the US are down 3% year-on-year and fares in other regions fell further, reflecting downward pressure from earlier declines in fuel related costs as well as exchange rate distortions;
  • Air transport volumes continue to expand robustly, while trend in FTKs flattens on weakening trade activity;
  • Growth in seats accelerated in March due to fall in storage activity, but remains below expansion in volumes;
  • Air freight load factors dipped sharply in April but passenger loads continue upward trend;
  • Despite lower oil prices, airlines have been increasing capacity at a slower rate than growth in demand.

Please read full report :

 http://www.iata.org/whatwedo/Documents/economics/Airlines-Financial-Monitor-May-15.pdf

 

 

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