- Q2 financial results show continued improvement, driven by US carriers;
- But worldwide airline share prices fell 4% in September, reflecting investor concerns over weak economic data in some regions and the spread of the Ebola virus;
- Jet fuel prices eased further in September as increased supply and a fragile demand outlook pushed crude oil prices down to levels not seen since mid-2012;
- US passenger yields remain up on a year ago, but weakness continues in other regions;
- Air travel volumes continue to expand strongly and the trend in air freight volumes remains positive, supported by improving conditions in Asia and the US, including a rebound in trade volumes;
- Growth in available seats slowed further in August to an annualized rate of 3.5%, below expansion in demand;
- Passenger load factors rose on the back of strong expansion in volumes, but air freight load factors eroded some of the improvement in previous months with a 0.4% fall in August compared to July.
Airlines Financial Monitor Sept. 14
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
