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Demand for air travel grows in July
03 September 2007

The International Air Transport Association (Iata) has released figures showing that demand for air travel was up 5.9% in July 2007 compared to the same month last year.

In the January-July period of 2007, an increase of 6.2% occurred on the corresponding period of 2006.

Average load factor levels hit 81% in July, a new record and a 0.3% increase on July 2006.

Commenting on the figures, Iata director general Giovanni Bisignani said: 'Efficiency is the story of the summer. More people are travelling than ever before with airlines registering a monthly record of over 220 billion revenue passenger kilometres in July with record load factors.

'Combine that with a 10.5% improvement in fuel efficiency and a 56% increase in labour productivity since 2002 and it's clear industry efficiencies have hit an all-time high.'

Mr Bisignani warned that global stock markets could pose a risk to air travel if their volatility begins to affect the wider economy.

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© Adfero Ltd

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