• SA cities need foreigners

    We need to protect our cities' cosmopolitan nature, says Mzwandile Jacks.

  • Am I a racist?

    Does hating government's arrogance, nepotism and greed make me a bigot, asks Anton Ressel.

  • Recipe for disaster

    Malema's flames of frustration are fuelling white extremism, says Leopold Scholtz.

Loading...
See More

Air travel numbers on the rise

Jul 05 2013 17:05

(http://www.shutterstock.com)

Related Articles

Iata: Global airline profits to rise

Gigaba: Air transport a key employer

One of 10 new SA carriers still in air

Global airline profits under pressure

Airline industry grows SA's GDP by R74bn

Iata ups outlook for African airlines

 

Johannesburg - The Air Transport Association (Iata) says passenger travel continued to expand in May, but air freight volumes remained flat.

A spokesperson for Iata said in the June report of the Airlines Financial Monitor released in Johannesburg that passenger numbers had stabilised in local currency terms.

Airline share prices declined in June (as did the broader market), but were up 8% so far this year.

Financial results in the first quarter showed operating profits were continuing to improve across all regions. 

The report went on to say that jet fuel prices remained at the bottom of a two-year range in June as oil supply increases outstrip growth in demand.

Signs of eurozone stability should ease pressure on global growth and support growth in air travel/freight for the remainder of the year.



Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

iata  |  johannesburg  |  aviation

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Must see! The most luxurious dog house!

This dog house comes with a treadmill and hot tub, you have to see it!

 
 

Luxury living

Exciting new luxury SUV arrives in SA!
WIN!
Ridiculous demands people with too much money make
8 of the priciest places to dock your yacht

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Government’s call for the private sector to add power to the grid is:

Previous results · Suggest a vote

Loading...