ALL >> Travel >> View Article
Airline Capacity Growth Outpaced 2011 Demand
The good news for travelers is that typically when airlines increase capacity at a faster rate than people choose to fly, it usually has a positive impact on the availability of cheap airplane tickets and cheap vacation packages.
The number of people flying worldwide last year increased by 5.9 percent while airlines increased their available seats by 6.3 percent which resulted in their average loads declining in 2001.
Average passenger 2011 load factor was 78.1 percent vs. 78.3 percent in 2010.
Strong passenger growth, primarily in the first half of the year was offset partially by a falling cargo market.
Optimism in China contrasted with concern in Europe. Passenger demand in China rose almost 11 percent last year, far outpacing all other markets.
The weak Euro helped increase business travel as travelers from outside Europe took advantage of cheaper fares.
Travel to and from Japan was significantly negatively impacted by its earthquake, tsunami, and problems with its nuclear reactors, with demand down over 15 percent.
Airlines have been trying to respond to higher fuel costs by ordering newer, more fuel efficient planes such as the Boeing 737 MAX. Airlines transport over 3 billion people a year and over a third of the world’s value of goods.
The International Air Transport Association, which represents some 240 major airlines, believes business conditions will remain challenging in 2012 and calls for political measures to reduce bureaucracy for airlines.
Travel Articles1. West Croydon Minicabs & Airport Transfer | 02086864545 | Cabhoo Minicabs Croydon.
2. Bachelor Or Bachelorette Parties In San Antonio With A Cheap Limo Service Near Me
Author: Limo Service DC
3. Things You Must Know Before Moving To New Zealand
Author: Sumit Goyal
4. Get Rid Of Your Travel Woes By Hiring Air Charter Services
Author: Club One Air
5. Kheerganga Trek An Exquisite Walk In Hiamalayas
Author: Karandeep Singh
6. Swaraj Mazda Hire In Bangalore || Swaraj Mazda Rentals In Bangalore || 09019944459
7. Hot Air Balloon Ride In Tennessee- An Incredible Holiday And Travel Destination
Author: Robert Jason
8. United Airlines Reservations Official Site
9. Best Rent A Car Services In Islamabad
Author: Pak Car Rentals
10. Places To Visit In North America By Considering Spirit Airlines Reservations
Author: Chrish Smith
11. Gai Jatra – A Journey Of The City And Heavens
Author: Nepa Booking
12. 10 Essential Tips To Know Before Taking The Kailash Mansarovar Yatra
13. Exotic India Wildlife Tours With Bespoke India Holidays
14. Know Everything About The Grand Canyon Of India
Author: Liamtra Travellers
15. The One Day Picnic Resort Around Bangalore
Author: Rohan Kumar