IATA Announces Industry Performance Statistics for 2015
The International Air Transport Association (IATA) announced industry performance statistics for 2015 showing that, among the world’s largest domestic markets, India had the fastest domestic passenger growth in 2015.
With annual growth of 18.8% (in a market of 80 million domestic passengers), India’s performance surpassed that of Russia (11.9% growth, in a market of 47 million domestic passengers), China (9.7% growth, in a market of 394 million domestic passengers) and the United States (5.4% growth, in a market of 708 million domestic passengers).
This information was included in the recently released 60th Edition of the World Air Transport Statistics (WATS), the yearbook of the airline industry’s performance.
“Last year airlines safely carried 3.6 billion passengers—the equivalent of 48% of the Earth’s population—and transported 52.2 million tonnes of cargo worth around $6 trillion. In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs,” said Tony Tyler, IATA’s Director General and CEO.
Globally, cargo markets showed a 2.3% expansion in freight and mail tonne kilometers (FTKs). This outstripped a capacity increase of 5.8% decreasing freight load factor by 1.6% pp.
The top five airlines ranked by total freight tonnes carried on scheduled services were:
- FedEx Express (7.1 million)
- United Parcel Service (4.5 million)
- Emirates Airline (2.5 million)
- Cathay Pacific Airways (1.6 million)
- Korean Air (1.5 million)
IATA represents some 265 airlines comprising 83% of global air traffic.