Lower fuel costs aid airline growth

GENEVA, 19 November 2014: Worldwide airline share prices rose 6% in October, supported by continued decline crude oil prices and jet fuel, IATA reported in its latest airline financial monitor.
The monitor noted that crude oil prices are down 25% since the most recent mid-year peak, reflecting appreciation of the US dollar as well as continued growth in supply, particularly in the US.
Initial Q3 financial results for airlines show improvements in the US being partially offset by weakness in other regions.
inside no 5US passenger yields remain up on a year ago, but weakness continues elsewhere.
Growth in available seats increased at a rate of 7% over the year, above the pace of growth in demand, but is likely reflecting the normal seasonal increase at this time of year.
Passenger load factors were broadly unchanged in September compared to August, but air freight load factors recorded some improvement as a result of the solid (0.6%) rise in volumes.
Overall airlines increased available seats marginally in September after a continued slowdown since mid-year. The increase in growth resulted from a rise in deliveries of new aircraft. In September there were 144 new aircraft delivered compared with 114 new deliveries in August.

sourced:ttrweekly.com