Growth in available seats accelerated in December, but is still below the pace of growth in demand, which should support aircraft utilization rates.
- The rise in worldwide airline share prices slowed as declines in crude oil and jet fuel prices paused;
- After falling more than 50% by the end of 2014, crude oil and jet fuel prices stabilized in January;
- Initial Q4 financial results show improvements continuing to be driven by US carriers;
- Passenger yields in the US show small year-end gains as fares in other regions fall further;
- Air travel growth remained strong in December and air freight demand sustained recent gains, despite developing concerns over the health of the global economy;
- Growth in available seats accelerated in December, but is still below the pace of growth in demand, which should support aircraft utilization rates;
- Passenger load factors trended improved in December, but air freight load factors lost ground on significant growth in capacity in Asia Pacific.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.