Press Releases

Solid start to the year for passenger traffic as air freight maintains growth path

Montréal, 13 March 2015 – Global passenger traffic started the year strong with year-over-year growth of 4.5% for the month of January. This comes after a rise of over 5% in passenger traffic for 2014 as a whole. All regions reported gains in passenger traffic, with most of the buoyant activity in passenger traffic stemming from double-digit growth rates in the Middle East with gains of 11% in passenger traffic for the month of January. International travel continues to post relatively higher growth with an increase of 5.3%, whereas domestic traffic increased by 4% for the month of January.

Despite the continued uncertainty in the global economy and weakened business confidence that continues to jeopardize further growth in international trade, air freight volumes continue to maintain momentum after the 2014 rebound. Overall volumes increased by 3% in January. While most regions experienced gains, European air freight saw a slight decline.

ACI World Economics Director Rafael Echevarne commented, “While there is an improvement in economic conditions in the United States, weakness lingers on in Russia, the Euro area and Japan. Capital investment growth and prospects in China have also become subdued. Despite the existing perseverance in international trade volumes, particularly for a portion of 2014, weakness in these major economies may translate into bad news for the air freight market in the coming months, particularly at the major freight hubs. Thus, we should continue to monitor the on-going growth in air freight with cautious optimism.

“Although it appears to be business as usual for passenger traffic irrespective of the economic woes, there is some heterogeneity in growth across key emerging aviation markets,” Echevarne continued. “While there is slowed growth in passenger traffic in China and Russia, India is now catching up to these two countries. In 2014, Indian passenger traffic rose over 10%. In January alone, Indian traffic grew by over 18% at major commercial airports in the country. The combination of a move towards a more liberalized market for aviation coupled with stronger economic fundamentals has helped to awaken the Bengal tiger.”

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Notes for Editors

  1. Airports Council International (ACI), the only worldwide association of airports, has 590 member airport authorities, which operate 1,860 airports in 173 countries. ACI’s mission is to promote professional excellence in airport management and operations, and this mandate is carried out through the organization’s multiple training opportunities, as well as the customer service benchmarking programme, a wide range of conferences, industry statistical products and best practice publications.
  2. PaxFlash and FreightFlash statistics are based on a significant sample of airports that provide regular monthly reports to ACI. They represent approximately 60% of total passenger traffic and 70% of total freight traffic worldwide. Commentary, tables and charts are based on preliminary data submitted by participating airports and are therefore subject to change.
  3. Regional results and trend graphics are provided on the following pages.
  4. For a PDF version of this media release, click here.

Media contacts

Martine Ohayon
Director, Communications and Events
ACI World
T: +1 514 373 1224

Ryan White
Manager, Communications
ACI World
T: +1 514 373 1226

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