Thursday, December 09, 2010

Oct. LAX Passenger and Freight Demand Improved

Just under 5 million passengers (4,988,085) traveled through Los Angeles World Airports (LAX) in October, which was 4.75% higher than the passenger count in the same month a year earlier, and 6.5% above passenger traffic in October of 2008.  For the month of October, traffic this year was just slightly below the pre-recession level of 5,070,042 in 2007.  Passenger demand for both domestic and international flights at LAX in October was above last year's levels, by 5.42% and 2.92% respectively.  Year-to-date (YTD), passenger traffic at LAX is running 4.35% higher than last year.

Air cargo at LAX came close to reaching a three-year high in October at 169,315 tons, which was 6.4% above last October, and the highest monthly freight volume since November 2007 (see chart above).  For the YTD, air cargo at LAX is above last year by 19.6%, mostly due to strong double-digit gains from January through August. 

Reflecting the economic recovery underway, passenger and freight traffic at America's 3rd busiest airport registered solid gains both in the month of October and for the first 10 months of 2010.  


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