• A QATAR AIRWAYS A350 BOUND FOR SIN FROM DOH WITH FEWER THAN 100 PASSENGERS ON BOARD IN EARLY OCTOBER. PIC/SHUKOR YUSOF
    Aviation

    Pain in airline industry just starting…

    Latest figures from the International Air Transport Association (IATA) for September 2018 indicate a slowdown in the worldwide growth of passengers. Read the entire report here. Revenue Passenger Kilometre (RPK), which measures passenger demand, grew 5.5% year-on-year but the rate at which demand is rising has slowed considerably. In August the RPK was 6.4%. One of the factors that have contributed to the slowdown, according to IATA, is weather (including hurricanes and typhoons). But there are other reasons that will ensure the airline business will stay volatile for the rest of 2018 and into the first quarter of 2019. These are firmer crude oil prices and the on-going trade spat between…