The International
Air Transport Association (IATA) released data on June 2024 global
passenger demand that revealed total demand, measured in revenue passenger
kilometers (RPK) was up 9.1 percent compared to June 2023.
Total capacity, measured in available seat kilometers (ASK)
increased 8.5 percent and the June load factor at 85 percent showed a 0.5 percentage
increase from the same time last year.
International demand revealed a 12.3 percent rise, capacity increased
12.7 percent and load factor improved to 85 percent from June 2023. In this same
timeframe, domestic demand rose 4.3 percent, capacity was up 2.1 percent and
load factor was at 85 percent.
“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 percent 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.
He added, “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.”
In the international passenger markets, all regions showed
strong growth in June 2024 compared to the past year. The regional breakdown
revealed:
- Asia Pacific airlines’ growth remained strong
with a 22.6 percent increase in demand with the Africa-Asia route the fastest
expanding regional pair, growing 38.1 percent.
- European carriers: 9.1 percent year-on-year
increase in demand.
- Middle Eastern carriers: 9.6 percent year-on-year
increase in demand.
- North American airlines: 6.6 percent
year-on-year increase in demand. Load factor at 88.7% was the highest among
regions.
- Latin American carriers: 15.3 percent
year-on-year increase in demand.
- African airlines: 16.9 percent year-on-year
increase in demand. Load factor rose to 77.0 percent, the largest improvement
in load factor among all regions.
Domestic demand increased in June
with solid growth in most key markets with Brazil posting the largest gain with
7.6 percent year-on-year growth.
For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.
Topics From This Article to Explore
