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- Asia Pacific carriers recorded a demand increase of 8.2 per cent compared to 2014, which was the largest increase among the three largest regions. Demand was stimulated by a 7.3 per cent increase in the number of direct airport connections in the region, resulting in time-savings for travelers. Capacity rose 6.4 per cent, pushing up load factor 1.3 percentage points to 78.2 per cent.
- European carriers’ international traffic climbed five per cent in 2015. Capacity rose 3.8 per cent and load factor increased one percentage point to 82.6 per cent, highest among the regions. The healthy result in part was attributable to a pick-up in consumer spending in the Eurozone as well as a moderate increase in flight frequencies. Traffic growth slowed toward the end of the year owing to strikes at Lufthansa and the shutdown of Russia’s Transaero.
- North American airlines saw demand rise 3.2 per cent in 2015, broadly unchanged from the growth achieved in 2014. Capacity rose 3.1 per cent, edging up load factor 0.1 percentage points to 81.8 per cent.
- Middle East carriers had the strongest annual traffic growth at 10.5 per cent. As a result, the share of international traffic carried by Middle East airlines reached 14.2 per cent, surpassing their North American counterparts (13.4 per cent). Capacity growth of 13.2 per cent exceeded the demand gains, pushing down load factor 1.7 percentage points to 76.4 per cent.
- Latin American airlines’ traffic rose 9.3 per cent in 2015. Capacity rose 9.2 per cent and load factor inched up 0.1 percentage points to 80.1 per cent. While key regional economies, particularly Brazil, have been struggling, overall traffic has been robust.
- African airlines had the slowest annual demand growth, up three per cent, although this was a significant improvement over the 0.9% annual growth achieved in 2014. With capacity up just half as much as traffic, load factor climbed one percentage point to 68.5 per cent. International traffic rose strongly in the second half of 2015, in conjunction with a jump in trade activity to and from the region.
- Brazil’s domestic air travel rose just 0.8 per cent in 2015, reflecting the country’s deteriorating economic situation. Traffic trended downward throughout the year.
- United States domestic traffic climbed 4.9 per cent last year, helped by solid economic growth. This was the fastest rate of increase since 2004 and the first time since 2003 that domestic traffic growth surpassed international growth. The load factor reached a domestic record high of 85.4 per cent