Volume 12
March 18, 2024

A Weekly Aviation Career
Newsletter from Avjobs, Inc.

A Weekly Aviation Career Newsletter from Avjobs, Inc.
 
Aviation Career Topics
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About Archived Content
Young Adults in Aviation
Young Adults in Aviation Par
Working On The Goodyear Blim
WHS Aircraft Training Center
What Aviation Employers Expe
Virtual Flying
Virgin America Takes Flight
Video Job Profiles
The History Of Flight Attend
The Gratitude Campaign
Recruiting Minorities to Avi
Pilot Promotes Aviation Care
Pilot Completes Trip
Pay Hikes and Bonuses
Northwest Airlines Hiring
No Ordinary Flight Instructo
Jumpseat Ride Flying Charter
Joe Jones Aviations True Spi
Is an FAA Career for You
IATA Reports On Airline Traf
Hubble Multimedia Package
Honda Aircraft Company
History Of Flight Attendants
Having Fun for a Living
Gordon Page Warbird Recovery
Funding Prevents Furloughs
Flying The Canyon
Flight Simulation
Flight Attendants Contract
FAA To Hire 15000
FAA Bumps Retirement Age
Encourage a New Generation
Delta Promises Stability
Corporate Flight Attendant J
Congress Recognizes Irving
Colorado Astronauts
Climb Aviations Career Ladde
Cirrus Design
Changing Careers
Career Profile Airline Pilot
Career Profile Airline CEO
Boeing Enjoys Sales Spike
Barrington Irving on CNN
Aviations Renaissance Man
Aviation Salaries Wages Pay
Aviation Photography
Aviation Pay Philosophies
Aviation Employee Competenci
Aviation Career Salary Range
Aviation Career Overviews
Armed Pilots Refresher Train
An Aerobatic Superstar
American Warns Unions
Airline Ramp Agents
Airline Overhead Bins
Airline Merger Update
Airline Flight Attendant Car
Aircraft Sales
Aircraft Maintenance Technic
Air Traffic Controller Caree
Aerospace Engineering
A Life in Aviation
A Career in Virtual Aviation
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A Weekly Aviation Career Newsletter from Avjobs, Inc.
IATA - International Air Transport Association

IATA represents some 250 airlines comprising 94% of international scheduled
air traffic.

IATA Reports On Airline Traffic

An airline industry group claims a slight slowdown in airline traffic is not necessarily bad for business. The International Air Transport Association (IATA) estimates that its member airlines posted a collective operating profit of $10.2 billion for 2006, with net losses totaling $500 million. All of this while the airlines experienced a decelerating passenger traffic growth rate of 5.9 percent, down from 7.6 percent in 2005. The Middle East was the fastest-growing region, recording a full-year passenger traffic increase of 15.4 percent. All other regions saw a decline in the growth rate compared to 2005, while traffic actually decreased 2.4 percent in Latin America thanks to Varig's downsizing. Load factors improved in all regions except the Middle East and Africa, led by North American carriers, which posted an 80.2 percent load factor.

The organization claims growth was more profitable in 2006 than in recent years as careful capacity management led to a record average load factor of 76 percent, up 0.9 point. Worldwide capacity growth for the year was just 4.6 percent. IATA reported that worldwide cargo traffic rose 4.6 percent in 2006. The organization claims high fuel costs and strong competition from other transport modes as contributing factors.

 


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