L'IATA, l'Association internationale du transport aérien a publié son "AIRLINES FINANCIAL MONITOR" pour les mois de janvier-février 2012 : un peu de morosité dans un marché dynamique.
Points clés :
Global airline share prices flattened in February, underperforming other markets which grew by 5%. Financial markets expect airline profit weakness as rising fuel costs place downward pressure on margins.
Airline profits worldwide in Q4 were down 60% on last year. North American airlines in contrast to other regions improved performance, as tight capacity control continues.
2012 began with strong growth in air travel, up 5.7% in January from a year ago, while freight markets contracted by 8% on the year. The Chinese New Year occurring a month early exaggerated these results.
Passenger load factors improved significantly with the rise in traffic and no growth in capacity over the month. Weakness in cargo traffic continues to place downward pressure on load factors and profitability.
Fuel prices surged ahead in February as threat of supply squeeze emerged from Iran, pushing prices up 14% higher than a year ago.
The upward trend in passenger yields showed signs of weakening at the end of 2011, although the rise in fuel prices and load factors in January may push them up again.