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Sluggish improvement in passenger demand continues in July says IATA

Christian Fernsby ▼ | September 8, 2020
The International Air Transport Association (IATA) announced that passenger demand in July (measured in revenue passenger kilometers or RPKs), continued at critically low levels 79.8% below July 2019 levels.
International Air Transport Association
Passenger   International Air Transport Association
This was somewhat better than the 86.6% year over year decline recorded in June, primarily driven by domestic markets, most notably Russia and China.

Topics: IATA

Market reopening in the Schengen Area helped to boost international demand in Europe, but other international markets showed little change from June.

Capacity was 70.1% below 2019 levels and load factor sagged to a record low for July, at 57.9%.

July international passenger demand collapsed 91.9% compared to July 2019, a slight improvement over the 96.8% decline recorded in June.

Capacity plummeted 85.2%, and load factor sank 38.9 percentage points to 46.4%.

European carriers’ July demand toppled 87.1% compared to last year, improved from a 96.7% drop in June, year-over-year, reflecting relaxation of travel restrictions in the Schengen Area.

Capacity dropped 79.2% and load factor fell by 33.8 percentage points to 55.1%.

Asia-Pacific airlines’ July traffic dived 96.5% compared to the year-ago period, virtually unchanged from a 97.1% drop in June, and the steepest contraction among regions.

Capacity fell 91.7% and load factor shrank 47.3 percentage points to 35.3%.

Middle Eastern airlines posted a 93.3% traffic decline for July, compared with a 96.1% demand drop in June.

Capacity tumbled 85.6%, and load factor sank 43.4 percentage points to 38.0%.

North American carriers saw a 94.5% traffic decline in July, a slight uptick from a 97.1% decline in June.

Capacity fell 86.1%, and load factor dropped 53.0 percentage points to 35.0%, second lowest among regions.

Latin American airlines experienced a 95.0% demand drop in July, compared to the same month last year, versus a 96.6% drop in June.

Capacity fell 92.6% and load factor sank 27.1 percentage points to 58.4%, highest among the regions.

African airlines’ traffic dropped 94.6% in July, somewhat improved from a 97.8% contraction in June.

Capacity contracted 84.6%, and load factor fell 47.1 percentage points to 25.4%, which was the lowest among regions.


 

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