Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace - Oxford Economics Global Industry Forecasts

Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace

Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace - Oxford Economics Global Industry Forecasts
Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace
Published Mar 28, 2014
2 pages — Published Mar 28, 2014
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Abstract:

Demand for new planes continues to be underpinned by growth in air travel and improving airline profitability. IATA data show a 5.2% rise in revenue passenger kilometres (RPKs) in 2013 whilst capacity increased by just 4.8%. Consequently, load factors last year improved by 0.4%pts to 79.5%. Furthermore, January saw additional growth in air passenger demand (of 8.0% in year-on-year terms, albeit boosted by the Lunar New Year being in January this year), pushing the load factor up further. IATA estimates that industry profitability this year will hit US$18.7bn, although political tensions centred on Ukraine have unexpectedly boosted jet fuel costs.

  
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Document ID
266408
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Oxford Economics Global Industry Forecasts—Oxford Economics Global Industry Forecasts provides country industry forecasts, monthly industry briefings, quarterly industry forecast tables, monthly industry data tables, and an industry databank.

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MLA:
Oxford Economics Global Industry Forecasts. "Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace" Mar 28, 2014. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Aerospace-2112-1605>
  
APA:
Oxford Economics Global Industry Forecasts. (2014). Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace Mar 28, 2014. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Aerospace-2112-1605>
  
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