THUR, JUNE 01 2023-theGBJournal | The International Air Transport Association (IATA) in its latest Passenger Market Analysis report released today, announced continued strong passenger traffic demand in April.
According to the international of world’s airlines, total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022.
Globally, traffic is now at 90.5% of pre-Covid levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level.
African airlines’ traffic, according to IATA, rose 53.5% in April 2023 versus a year ago, the second highest among the regions. April capacity was up 50.0% and load factor climbed 1.6 percentage points to 69.8%, lowest among the regions.
IATA notes that domestic traffic has now fully recovered, rising 42.6% compared to the year-ago period, and posting a 2.9% increase over the April 2019 results.
On the other hand, International traffic climbed 48.0% versus April 2022 with all markets recording healthy growth, with carriers in the Asia-Pacific region continuing to lead the recovery. International RPKs reached 83.6% of April 2019 levels.
“April continued the strong traffic trend we saw in the 2023 first quarter. The easing of inflation and rising consumer confidence in most OECD countries combined with declining jet fuel prices, suggests sustained strong air travel demand and moderating cost pressures,” said Willie Walsh, IATA’s Director General.
“In just a few days, leaders of the global aviation community will gather in Istanbul at the 79th IATA Annual General Meeting (AGM) and World Air Transport Summit. Regulation and other key issues, including the critical topic of sustainability, will be on the agenda,” said Walsh.
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