Airline Post

On Tuesday the International Air Transportation Association said that the situation concerning passenger traffic did not change, i.e. it had the same low levels that were last year. One should say that overall passenger demand went up by 0.3 per cent but at the same time cargo demand dropped by 5.4 per cent.

According to IATA the vivid growth was considered to be dissembling as it was compared with a very poor period in 2008, at that time passenger traffic decreased by 2.9 per cent as well as cargo dropped by 7.7 per cent.

It was estimated by statistics that from August there was a drop of 0.3 per cent in passenger volumes. As established, this resulted in a pause in the economic recovery not only in the United States but also in other countries.

Giovanni Bisignani, IATA general director, said that it was too early to identify the slight improvement as a recovery. He also added that yields were still not in a good position and costs increased.

Non-fuel costs as well as oil prices are going up. At the beginning of the year oil prices were US$43 per barrel, now they are considered to be $75 per barrel.

But still one can see some improvements in passenger demand, it is five per cent better in comparison with the low point that was in March 2009 but at the same time it is six per cent below the peak in early 2008. The situation concerning demand in North American remained the same from August, i.e. 2.4 per cent decrease from a year earlier.

As for Europe, demand dropped by 4.2 per cent in September while in August it was 2.8 per cent. Partially it was caused by the loss of short-haul market share to low-cost carriers.

But serious improvements were shown by Asia-Pacific carriers. Demand raised by2.1 per cent in September despite the fact that there was 1.6 per fall in August.

As far as Middle Eastern demand is concerned, it increased by 18.2 during the year but because of Ramadan that was in August this year, the number was falsified.

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