Where travel agents earn, learn and save!

21 December 2024 / 05:15
No Data Found

No data found

International Air Transport Association
IATA's Director General, Willie Walsh, highlights the industry's recovery and its positive impact on travel, tourism, and job opportunities

The International Air Transport Association (IATA) announced that the post-COVID recovery momentum continued in June for passenger markets.

Total traffic in June 2023 (measured in revenue passenger kilometers or RPKs) rose 31.0% compared to June 2022. Globally, traffic is now at 94.2% of pre-COVID levels. For the first half of 2023, total traffic was up 47.2% compared to the year-ago period.

Domestic traffic for June rose 27.2% compared to the same month a year ago and was 5.1% above the June 2019 results. Domestic demand was up 33.3% in the 2023 first half compared to a year ago.

International traffic climbed 33.7% versus June 2022 with all markets showing robust growth. International RPKs reached 88.2% of June 2019 levels. First half 2023 international traffic was up 58.6% over the first half of 2022.

 

Air Passenger Market in Detail

JUNE 2023 (%YEAR-ON-YEAR)WORLD SHARE *1RPKASK PLF (%PT) *2PLF (LEVEL) *3
Total Market100%31.0%28.8%1.4%84.2%
Africa2.1%31.8%40.5%-4.6%68.9%
Asia Pacific22.1%90.1%73..3%7.1%80.4%
Europe30.8%13.0%11.5%1.2%87.7%
Latin America6.4%18.7%17.1%1.1%82.5%
Middle East9.8%28.3%24.5%2.4%79.4%
North America28.8%12.9%13.8%-0.7%88.7%

(*1) % of industry RPKs in 2022  (*2) Change in load factor   (*3) Load factor level

 

International Passenger Markets

Asia-Pacific airlines had a 128.1% increase in June 2023 traffic compared to June 2022, easily the largest percentage gain among the regions. Capacity climbed 115.6% and the load factor increased by 4.6 percentage points to 82.9%.

European carriers posted a 14.0% traffic rise versus June 2022. Capacity rose 12.6%, and load factor climbed 1.1 percentage points to 87.8%, which was the second highest among the regions.

Middle Eastern airlines’ June traffic climbed 29.2% compared to June last year. Capacity rose 25.9% and load factor improved 2.0 percentage points to 79.8%.

North American carriers saw traffic climb 23.3% in June 2023 versus the 2022 period. Capacity increased 19.5%, and load factor rose 2.7 percentage points to 90.2%, which was the highest among the regions.

Latin American airlines had a 25.8% traffic increase compared to the same month in 2022. June capacity climbed 25.0% and load factor rose 0.6 percentage points to 84.8%.

African airlines’ traffic rose 34.7% in June 2023 versus a year ago, the second highest percentage gain among the regions. June capacity was up 44.8% and load factor fell 5.1 percentage points to 68.1%, lowest among the regions. Africa was the only region to see a decline in the monthly international load factor compared to the year ago period.

 

Domestic Passenger Markets  

JUNE 2023 (%YEAR-ON-YEAR)WORLD SHARE *1RPKASK PLF (%PT) *2PLF (LEVEL) *3
Domestic42.0%27.2%24.7%1.6%82.9%
Dom. Australia1.0%-1.7%1.7%-2.8%79.4%
Dom. Brazil1.5%13.3%8.2%3.5%78.9%
Dom. China P.R.6.4%129.6%95.7%11.4%77.2%
Dom. India2.0%14.8%0.8%10.9%89.9%
Dom. Japan1.2%33.8%6.3%15.1%73.4%
Dom. USA19.2%8.0%11.2%-2.6%87.8%

(*1) % of industry RPKs in 2022  (*2) Change in load factor   (*3) Load factor level

 

Australia’s domestic traffic slipped 1.7% in June compared to a year ago. It was the only domestic market to see a year-over-year traffic decline in June, although traffic remained 3.9% above pre-pandemic levels.

Indian airlines’ domestic demand climbed 14.8% in June and was 1.3% above the June 2019 level.

 

Air Passenger Market Overview 

JUNE 2023 (% CH VS SAME MONTH IN 2019)WORLD SHARE1RPKASKPLF (%-PT)2PLF (LEVEL)​3
Total Market100.0%-5.8%-5.5%-0.2%84.2%
International58.0%-11.8%-13.2%1.4%85.0%
Domestic42.0%5.1%8.7%-2.8%82.9%

1) % of industry RPKs in 2022    2) year-on-year change in load factor    3) Load Factor Level 

 

> Read the latest Passenger Market Analysis (pdf)

Aug 10, 2023

Latest Post

Subscribe to our newsletter