ICAO: low-cost airlines lead the way in 2017

The results for the airline industry in 2017 were very positive. The increase in passenger numbers was led by the low-cost airlines, which continued their conquest of the market.
easyJet
Low-cost airlines are gaining ground according to the 2017 report published by the ICAO

The number of passengers carried by air soared in 2017. The International Civil Aviation Organization (ICAO), the UN agency dedicated to aviation, published a summary of 2017 in figures on 17 January. ICAO seems satisfied with a very positive year for the sector, with its 4.1 billion passengers transported. According to the same statistics, this growth of 7.1 % was led by the following lines low-cost who transported 30 % of passengers worldwide. According to the ICAO, the good results for 2017 are due to a global economic upturn. In addition, many countries have increasing purchasing power.

Europe dominates air traffic in terms of passenger numbers

The 1.2 billion Most of these companies' customers come from North America (26 %) and the Asia-Pacific region (31 %). But the majority of their passengers are European (33 %). As well as their low fares, the appeal of these routes lies in the point-to-point journeys they offer. These routes were abandoned by the main lines because they were deemed too unprofitable. The low-cost carriers (LCC), however, have taken them over and made these routes much more efficient. chests of drawers and affordable for many travellers.

Solid revenues for 2017 according to ICAO

Europe's first place is confirmed by the profitability statistics calculated in revenue per kilometre (RPK). Europe made 37 % of the global RPK. The latter believed 8 % in 2017slightly more than 7.8 % from 2016. This overall growth in RPK shows a healthy air transport market, despite a slowdown in the Middle East and an increase in the price of oil. fuel. This significant increase amounts to 25 % compared with last year. This figure should be put into perspective, as it is still much lower than it was a decade ago.

The ICAO air traffic map for 2017
ICAO map showing air traffic trends in 2017.