From left to right: Calvin Ash, Provincial Airlines, Nick Whalen, MP St-John's East, Philip Earl Air Labrador

The ATAC Board of Directors met in St-John’s, Newfoundland this week. The sojourn was highlighted by the visit of local area member companies and concluded in a successful networking event with local stakeholders and members of federal and provincial government.

Air Passenger Market Analysis - July 2016

Key points from our full report on air passenger markets in July:

• Industry-wide passenger traffic increased by 5.9% year-on-year in July (the first month of the summer peak).

• Market developments reflect a range of influences, with a subdued economic backdrop but lower fares.

• European carriers' international traffic trend has eased, but domestic India remains in a league of its own.

• The seasonally-adjusted passenger load factor has remained in a narrow band at a historically-high level.

FULL REPORT

Released 7th September 2016

IATA Air Freight Market Analysis - July 2016

Key points of the July 2016 Market Analysis:

• Global air freight tonne kilometres rose by 5.0% year-on-year in July 2016 - the fastest pace since early 2015.

• Conditions have improved since earlier in the year, but there remain some reasons to be cautious.

• European airlines posted the fastest growth for only the 4th month in a decade, but Africa and L.America struggled.

• Capacity growth has continued to outpace that of demand, keeping revenues and yields under downward pressure.

Full Report

Document Released 6th September 2016