inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The
and 7. 3 percent respectively. Furthermore, worldwide capacity growth or available seat kilometers (ASK) rose 6 percent on the average. Asia-Pacific still ranked as the top with 8.1 percent, following
. Furthermore, worldwide capacity growth or available seat kilometers (ASK) rose 6 percent on the average. Asia-Pacific still ranked as the top with 8.1 percent, following by 6.0 percent growth in Latin America
following by Europe and Latin America, accounting for 8.2 and 7.0 respectively. On the other hands, worldwide capacity growth or Available seat kilometers (ASK) rose 6.3 percent on average. Again, Asia
growth at 4.9 percent, followed by Asia Pacific, and Europe, accounting for 4.8 and 4.2 percent respectively. The slowdown of worldwide RPK growth because of the impact from US-China trade war and slowing
played out against a backdrop of weakening economies of our trade partners worldwide, which in turn posed potential risks to recovery of the world economy. The global financial crisis that took off in the
competition causing average fare to drop by 4.9 percent, specifically in Indochina routes. This was a consequence of rising number of service providers on similar routes/destinations. The average passenger load
America, accounting for 5.4 and 5.3 percent respectively. Meanwhile the Middle East RPK slightly dropped by 1.3 percent. For the supply side, worldwide capacity growth, or Available Seat Kilometers (ASK
, followed by Asia Pacific and Latin America which accounted for 5.0 percent and 4.7 percent respectively while the Middle east had the lowest growth at 1.7 percent. For the supply side, worldwide capacity