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Monday, September 9, 2024

Air travel demand increased by 9.1% in June – Report –

Global passenger demand, measured by revenue passenger kilometers (RPK), increased by 9.1% compared to June 2023, according to the latest data from the International Air Transport Association (IATA) for June 2024.

The report indicates that total capacity, assessed in available seat kilometers (ASK), rose by 8.5% year-on-year. The load factor for June stood at 85%, compared to the previous year.

International passenger demand grew by 12.3% from June 2023. Capacity expanded by 12.7% year-on-year, and the load factor improved to 85.0%, though it was down 0.3 percentage points from June 2023.

Domestic demand increased by 4.3% compared to June 2023, with capacity rising 2.1% year-on-year. The load factor reached 85.0%, up 1.7 percentage points from June 2023.

Reflecting on the positive results, Willie Walsh, IATA’s Director General, said: “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.

“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.

tigpost.co

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