IATA member November traffic up 2.8%

The International Air Transport Association (IATA) announced traffic results to the end of November 2005. Freight traffic for November showed 2.8% growth over 2004, while passenger traffic grew at 6.1%. For the first 11 months of the year, freight recorded 2.8% growth while passenger traffic was up 7.7%. Passenger load factors for November were 73%. When adjusted for seasonality, November load factors improve to 77.1%, the highest level since December 2003.

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Icelandair traffic increased

Icelandair carried 94.322 passengers in November, an increase of 15,3% from November 2004. The capacity (ASK) in November increased by 3,2% compared to the same month last year and sales (RPK) increased by 14,7%, resulting in passenger load factor of 74,6%, up by 7,4 percentage points from last year.

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Atlas Air Traffic declines by 8.8% in November

Atlas Air Worldwide Holdings, Inc. reported preliminary system statistics and traffic results for November 2005 and for the 11-month period ended November 30, 2005. Total block-hour activity during November decreased 8.8% compared with the same month in 2004, while the average number of aircraft operated remained constant. Block hours operated in the ACMI segment decreased 16.3% year over year, while Military Charter segment hours increased 28.4% and Commercial Charter segment hours rose 2.6%. Within the Scheduled Service business segment, traffic (as measured by revenue ton miles

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World Airways pilot union rejects final offer

World Airways said that the National Mediation Board (NMB) has released the company and its pilots, represented by the International Brotherhood of Teamsters (IBT), from the mediation process that began in January 2004. The NMB issued notice of the release Dec. 28, 2005, initiating a 30-day cooling-off period before either party can engage in self-help. Both the company and the pilots

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U.S. domestic airline industry generated losses in third quarter

The BTS reported for the third quarter 2005, that the domestic U.S. passenger airline industry operating margin, represented by 21 selected carriers, declined from a 0.4% profit margin in the second quarter of 2005 to a 2.0% loss margin in the third quarter. The seven largest regional airlines and the seven largest low-cost carriers each reported a domestic operating profit margin while the network carriers reported a smaller loss during the third quarter of 2005 than a year earlier. The group of regional carriers reported a domestic operating profit margin of 7.4% for the third quarter and the low-cost group Read more

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