Wednesday, July 31, 2024
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The International Air Transport Association (IATA) has published its global passenger demand statistics for June 2024, showcasing significant growth:
- Total Demand: Revenue passenger kilometers (RPK) increased by 9.1% compared to June 2023. Available seat kilometers (ASK) saw an 8.5% year-on-year rise. The load factor for June was 85.0%, a 0.5 percentage point increase from the previous year.
- International Demand: There was a 12.3% increase in international demand from June 2023. Capacity rose by 12.7% year-on-year, with the load factor reaching 85.0%, slightly down by 0.3 percentage points compared to June 2023.
- Domestic Demand: Domestic travel demand grew by 4.3% over June 2023. Capacity increased by 2.1% year-on-year, with the load factor climbing to 85.0%, up by 1.7 percentage points from June 2023.
“Demand grew across all regions as the peak Northern summer travel season began in June. And with overall capacity growth lagging demand we saw a very strong average load factor of 85% achieved in both domestic and international operations. Operating with such high load factors is both good and challenging. It makes it even more important for all the stakeholders to operate with equal levels of efficiency to minimize delays and get travelers to their destinations on schedule,” said Willie Walsh, IATA’s Director General.
“As the Olympic Games unfold in Paris there is pride across the aviation industry for its continuing role in supporting the Olympic story by bringing many of the athletes, fans, and officials together. It is a great reminder of how aviation transforms our very big world into a global community. We wish France every success as the host of the games and cheer all the athletes who will demonstrate the best of human endeavor over the next weeks,” said Walsh.
Detailed Overview of the Air Passenger Market – June 2024
June 2024 Overview
(% change year-on-year)
| Region | World Share | RPK Growth | ASK Growth | PLF Change | PLF Level |
|---|---|---|---|---|---|
| Total Market | 100% | 9.1% | 8.5% | +0.5% | 85.0% |
| Africa | 2.1% | 16.2% | 5.8% | +6.9% | 77.1% |
| Asia Pacific | 31.7% | 12.5% | 9.4% | +2.3% | 82.9% |
| Europe | 27.1% | 8.1% | 8.4% | -0.2% | 87.7% |
| Latin America | 5.5% | 9.1% | 7.3% | +1.4% | 84.2% |
| Middle East | 9.4% | 9.9% | 9.5% | +0.3% | 79.5% |
| North America | 24.2% | 5.4% | 7.3% | -1.6% | 87.6% |
1% of industry RPKs in 2023
International Passenger Markets – Regional Breakdown
All regions experienced robust growth in international passenger markets in June 2024 compared to June 2023.
- Asia-Pacific: The region recorded a 22.6% increase in demand, with capacity rising 22.9%. The load factor reached 83.0%, a slight drop of 0.2 points. The Africa-Asia route was the most rapidly growing, expanding by 38.1%.
- Europe: European airlines saw a 9.1% rise in demand, with capacity up by 9.8%. The load factor stood at 87.4%, down by 0.6 points.
- Middle East: Middle Eastern airlines experienced a 9.6% increase in demand, with capacity growing 9.4%. The load factor was 79.7%, a marginal increase of 0.1 points.
- North America: Demand increased by 6.6%, with capacity up 8.6%. The load factor was the highest among all regions at 88.7%, despite a 1.6-point decline.
- Latin America: The region saw a 15.3% rise in demand, with capacity increasing by 15.6%. The load factor was 85.1%, a slight drop of 0.2 points.
- Africa: African airlines witnessed a 16.9% increase in demand, with a 5.8% rise in capacity. The load factor improved by 7.4 points to 77.0%, the largest increase among all regions.
Domestic Markets
Domestic demand showed growth in June, with most key markets, except Japan and Australia, performing well. Brazil led with a 7.6% year-on-year growth. Domestic ticket sales for July and August dipped by 0.9% year-on-year, suggesting a return to pre-pandemic growth rates.
| Domestic Market | World Share | RPK Growth | ASK Growth | PLF Change | PLF Level |
|---|---|---|---|---|---|
| Total Domestic | 39.9% | 4.3% | 2.1% | +1.7% | 85.0% |
| Australia | 0.8% | -1.0% | -1.2% | +0.2% | 81.0% |
| Brazil | 1.2% | 7.6% | 3.2% | +3.4% | 82.3% |
| China P.R. | 11.2% | 5.5% | -2.0% | +5.9% | 83.0% |
| India | 1.8% | 5.2% | 9.6% | -3.6% | 87.1% |
| Japan | 1.1% | -0.2% | -0.2% | -0.1% | 73.1% |
| US | 15.4% | 5.1% | 7.1% | -1.7% | 86.8% |
1% of industry RPKs in 2023
Note: The six domestic markets for which detailed data are available account for approximately 31.4% of global total RPKs and 78.8% of total domestic RPKs.