ACI World finds passenger traffic growth slowed in July
International freight continues decline but domestic market bounces back
Montreal, 24 September 2019 – Airports Council International (ACI) World has found that global passenger traffic grew by +2.3% in July on a year-over-year basis, marking a slowdown from June’s +3.9% and a continuation of the moderating trend observed since the start of 2019.
The results brought year-to-date growth to +3.4%, with five months left in the year. The freight industry showed a year-over-year decline of -2.1% in July and the year-to-date figure remained in the negative, at -2.8%.
“The global outlook remains particularly challenging for 2019, with the continued backdrop of geopolitical tensions and weakened trade relationships potentially leading to further subdued results in August and September,” ACI World Director General Angela Gittens said.
“The possible regional impacts of trade and geopolitical tension could have a compounding effect on the aviation industry, even as the global economic slowdown depresses the freight market.
“Despite these challenges, we remain hopeful that material trends in the industry will prevent it from reaching particularly deep losses until the end of the year.”
ACI collects and analyses data from a significant sample of airports that provide regular reports on month-by-month passenger and air freight statistics; this forms part of the world’s most comprehensive source for airport data.
While the international passenger market had helped prop up the global results in June, it slowed down substantially in July, posting +3.1% on a year-over-year basis, down from +5.7% a month prior. The segment’s year-to-date reached +4.6%, below its +5.2% 12-month rolling average but still strong given the global backdrop. The domestic market only gained +1.6% in July, standing at +2.5% since the start of the year.
Among the major regional passenger markets, Asia-Pacific performed the best during the month, gaining +2.4% on a year-over-year basis. The results were a shift in trend for the region, as it has been performing much slower than Europe and North America in the last months. Its year-to-date reached +2.2%, with its international passenger market (+4.3%) continuing to drive growth during a significant slowdown in the domestic market (+1.0% for the period).
In line with their year-to-date performance, the markets in Europe and North America grew at similar rates in July. Europe posted a +2.2% increase, with its year-to-date reaching +3.9%, nearly entirely driven by its international market (+4.9%). North America followed closely, having gained +1.9% in July with a year-to-date figure of +3.7%. Both market segments in North America have performed similarly since the start of the year, however, at +4.3% for the international market and +3.6% for the domestic market.
Africa’s strong momentum remained in July, the region gaining +7.2% on a year-over-year basis, in line with its year-to-date growth of +7.2%, double the world average.
After a strong month of June, both the Middle East and Latin America-Caribbean slowed down substantially in July, gaining +2.5% and +1.9% respectively. Latin America-Caribbean’s year-to-date growth remained relatively robust, however, at +4.5%, while the Middle East’s results were more subdued (+2.1%).
The domestic freight market rebounded in July, posting +3.3% after declining by -1.4% in June. The resulting year-to-date figure stood at +1.5% for the segment. International freight’s performance remained particularly weak, however. Year-over-year growth was down to -4.2% during the month, a less pronounced decrease than June’s -6.5%. Year-to-date stood at -4.5%, with five months left to the year and increasingly slim chances of posting industrywide gains by year’s end.
North America was once again an outlier in the major freight markets in July, gaining +0.8% during the month. The region’s year-to-date results reached +0.6%, now one percentage point below its 12-month rolling average. The region has certainly trended downwards in recent months.
Europe’s decline receded slightly in July, with losses of -1.6% against July 2018. Year-to-date results stood at -2.8%, in line with the world average. Asia-Pacific did not benefit from a reprieve during the month, however. It lost -5% on a year-over-year basis, remaining at -5.9% on a year-to-date basis.
Keeping with the trend present in the first half of the year, Africa joined North America as one of two regions for which freight growth remained positive in July. Year-over-year gains reached +4.9% in the region, with year-to-date standing at +2.2%. The region has been quite volatile in the last twelve months, with robust gains followed by declines.
In line with the dynamics present in the passenger market, Latin America-Caribbean and the Middle East declined by similar figures in July, at -1.9% respectively. Latin America-Caribbean’s year-to-date results stood at -1.7%, while the Middle East was at -2.6%.
Notes for editors
- Airports Council International (ACI), the trade association of the world’s airports, was founded in 1991 with the objective of fostering cooperation among its member airports and other partners in world aviation, including the International Civil Aviation Organization, the International Air Transport Association and the Civil Air Navigation Services Organization. In representing the best interests of airports during key phases of policy development, ACI makes a significant contribution toward ensuring a global air transport system that is safe, secure, efficient and environmentally sustainable. As of January 2019, ACI serves 646 members, operating 1,960 airports in 176 countries.
- 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.
Charts and tables
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