Please Feedback

Airlines News

prev     prev

Growth of low cost carriers boosted Global air traffic upto 6%

Posted : 03 January 2017 01:32:03 | By TWO Bureau | New Delhi

Growth of low cost carriers boosted Global air traffic upto 6%

Worldwide passenger air traffic grew again last year, albeit at a slightly slower pace, led by the dynamic growth of low-cost air carriers, the International Civil Aviation Organization reported Monday.


A total of 3.7 billion passengers were transported by the world’s airlines last year, a 6 percent increase from 2015. That was just under the previous year’s 7.1 percent rise, the United Nations agency said.



Low-cost carriers accounted for 28 percent of all passenger air traffic. Passing a milestone, they transported more than 1 billion passengers for the first time.


In Europe, low-cost carriers transported nearly a third of all passengers, slightly more than the 31 percent in Asia or North America’s 25 percent.


As for scheduled domestic flights, North America accounted for 43 percent of the total, up 4.3 percent from the previous year, while domestic traffic in Asia was up 10 percent, largely due to growth in India and China.


Increased traffic and significantly lower fuel costs helped boost airlines’ operating profits, which the ICAO put at $60 billion for last year, some $2 billion more than in 2015

Tags : #Low Cost, # Air Carriers, # Global, # AirTraffic, # Airlines,

News Bulletin ----------

Also on Travel World Online ----------