IATA Figures Show Rise in Air Passenger Demand

There are a number of positive signs in the travel industry at the current time, which is sure to buoy those in the timeshare sector.

For instance, figures from the International Air Transport Association (IATA) have revealed that air passenger demand rose by 0.5 per cent in October when compared to the same month last year.

Passenger demand was 6 per cent better than the low point seen in March earlier this year.

John Weber, senior vice-president at OAG Aviation, said that a "turning point" was seen in August 2009 - the first time in 12 months that year-over-year seat capacity started to grow again.

"Stronger demand for seats and high load factors will have a positive impact on yields and revenues," Mr Weber.

He said that people should look out for the IATA stats for November and December 2009 to see how well the sector is progressing at that point.