News Details :
News Details:
Headline : Canada : ACI analysis finds passenger traffic growth slows but freight market bounces back
Summary : Data analysed and published by Airports Council International (ACI) World has found a 5.4% increase in global passenger traffic on a year-on-year basis in July.

ACI collects and analyzes data from a significant sample of airports that provide regular reports on month-by-month passenger and freight statistics; this forms part of the worlds most comprehensive source for airport data.

Year-to-date growth for the industrys passenger market reached 6.4% during the period, down from 6.6% in June, following a slight moderation trend which started at the end of the first quarter of the year.

Freight volumes benefitted from a small uptrend in July, growing by 3.2% compared to Junes 2.3%. Year-to-date figure growth for the global industry reached 4.5% during the period, from 4.8% at the end of the second quarter of this year.

The global aviation industry achieved particularly strong results in 2017. Although 2018 figures up to July remain robust, achieving similar results may prove difficult this year, said Angela Gittens, Director General, ACI World. Furthermore, it is clear that trade tensions around the world are starting to take their toll on global exports.

International passenger traffic, which had been benefitting from a significant upsurge since the start of the year, slowed down in July. This brought the segments growth rate closer to the results posted by the domestic market.