Air Transport World

IATA: costs will outstrip yields in '90. (International Air Transport Association)

Geneva-Tentative early forecasts for the current fiscal by IATA here indicate an operating profit for the association's member airlines on international scheduled services of around $2.7 billion.

Compared with the 1989 performance, when the operating profit was $2.6 billion, traffic revenue ton-km are likely to be up 9%, yield in U.S. cents/RTK up 4% and operating revenues up 13%. Capacity in available ton-km will rise by 9%, unit costs in U.S. cents/ATKs by 5%, and operating costs by 14%.

Early indications of the way the industry is moving this year come from IATA statistics for the first four months-January through April, compared with the same months of 89. These show that IATA airlines' available seat-km were up just under 8% in January, up 1 0% in February, 10% in March and just under 10% in April. Revenue passenger-km performed over that same period were up, 8.5%, 12%, 8.5%, and 10.5%.

Dr. Eddie Spry, IATA senior director-industry automation and finance services, said that as the first half came to a close, the best estimate the association can make for the year was that traffic and capacity will be up by 9%. …

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