Industry Monitor 204 - November 2018

12 November 2018

Focus

  • Since the beginning of 2018 (January-September), European flights remained on average 3.5% above the 2017 levels. Growth in the summer months (June to August) was particularly strong and averaged at 3.8%. The updated forecast is for 3.7% more flights for Europe in 2018.
  • IATA has forecast global air passenger numbers to double by 2037 to 8.2 billion per year.
  • Airline ticket prices were on average 1.1% more expensive during the first nine months of 2018 compared with a year 
  • Oil prices have risen to a four-year high in October to hit €71 per barrel and were up 25% on January 2018.
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