Premium-class passengers accounted for 5.1% of total international origin-destination traffic in the first ten months of 2018.
This proportion was down from 5.2% in the same period a year ago.
Premium-class passengers accounted for 29.8% of total passenger revenues between January and November 2018, about 0.1pp less versus the same period a year ago.
Premium passenger demand has grown faster than its economy counterpart this year to date on a handful of markets, most visibly on the Asia-Southwest Pacific, within Europe, and North and mid-Pacific markets, IATA noted.
Industry-wide revenue passenger kilometres (RPKs) grew by 6.2% year-on-year in November.
That said, the upward traffic trend has softened over the past six months. The recent moderation in industry-wide RPK growth has come alongside ongoing signs that the pace of global economic expansion is slowing.
Industry-wide freight tonne kilometres (FTK) were unchanged in year-on-year terms in November.
However, the loss of upward momentum in the seasonally adjusted (SA) FTK series towards the end of 2018 appears to illustrate the increasing headwinds to freight demand from renewed signs of weakness in global economic activity and key demand drivers. Industry-wide available seat kilometers (ASKs) grew by 6.8% year-on-year in November, continuing to trend upwars at a faster pace than seasonally adjusted RPKs.
Meanwhile, available freight tonne kilometers (AFTKs) increased by 4.3% year-on-year in November – marking the ninth consecutive month of annual capacity growth outpacing that of demand.
The industry-wide passenger load factor fell in year-on-year terms in November for only the third time in two years, to 80%. In seasonally adjusted terms, the load factor also ticked down moderately to 81.7%.
A modest downward trend has become apparent in recent months, the report said.
On the freight side, IATA said the industry-wide load factor dropped by 2.2pp compared to November 2017 and has continued to trend downwards in seasonally adjusted terms.
This proportion was down from 5.2% in the same period a year ago.
Premium-class passengers accounted for 29.8% of total passenger revenues between January and November 2018, about 0.1pp less versus the same period a year ago.
Premium passenger demand has grown faster than its economy counterpart this year to date on a handful of markets, most visibly on the Asia-Southwest Pacific, within Europe, and North and mid-Pacific markets, IATA noted.
Industry-wide revenue passenger kilometres (RPKs) grew by 6.2% year-on-year in November.
That said, the upward traffic trend has softened over the past six months. The recent moderation in industry-wide RPK growth has come alongside ongoing signs that the pace of global economic expansion is slowing.
Industry-wide freight tonne kilometres (FTK) were unchanged in year-on-year terms in November.
However, the loss of upward momentum in the seasonally adjusted (SA) FTK series towards the end of 2018 appears to illustrate the increasing headwinds to freight demand from renewed signs of weakness in global economic activity and key demand drivers. Industry-wide available seat kilometers (ASKs) grew by 6.8% year-on-year in November, continuing to trend upwars at a faster pace than seasonally adjusted RPKs.
Meanwhile, available freight tonne kilometers (AFTKs) increased by 4.3% year-on-year in November – marking the ninth consecutive month of annual capacity growth outpacing that of demand.
The industry-wide passenger load factor fell in year-on-year terms in November for only the third time in two years, to 80%. In seasonally adjusted terms, the load factor also ticked down moderately to 81.7%.
A modest downward trend has become apparent in recent months, the report said.
On the freight side, IATA said the industry-wide load factor dropped by 2.2pp compared to November 2017 and has continued to trend downwards in seasonally adjusted terms.
