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IATA reports 11% bounce in global aviation demand for April

Global passenger aviation was boosted by 11% in April, the International Air Transport Association (IATA) has revealed.

New global passenger demand data released by the association for April 2024, revealed the ongoing strength of the market.

It showed total demand, measured in revenue passenger kilometers (RPKs), was up 11% compared to April 2023. Total capacity, measured in available seat kilometers (ASK), was up 9.6% year-on-year. The April load factor was 82.4% (+1ppt compared to April 2023).

Meanwhile, international demand rose 15.8% compared to April 2023; capacity was up 14.8% year-on-year and the load factor improved to 82.2% (+0.7ppt on April 2023).

However, domestic demand rose 4% compared to April 2023; capacity was up 2.1% year-on-year and the load factor was 82.6% (+1.5ppt compared to April 2023).

“Passenger demand has been growing for 36 consecutive months. As we enter the peak northern summer travel season, there is every reason to feel optimistic for a strong summer with airlines offering a wide range of travel options. 97% of passengers asked in our recent survey said they were satisfied with their last flight. Every part of the travel value chain needs to be focused on maintaining that,” said Willie Walsh, IATA’s director general.

The IATA Passenger Survey also revealed 88% agreement that ’air travel makes my life better’.

Walsh added: “That’s an important motivation as our members gather for the IATA Annual General Meeting and World Air Transport Summit in Dubai next week. This strong endorsement of the power of air connectivity to transform lives and boost economies brings with it a challenge that will also be on the minds of all attending. It is critically important that we achieve net zero carbon emissions by 2050 so that people can continue to rely on all the benefits of air travel.”

First published by FINN: www.wearefinn.com

May 30, 2024 – 10:58 am

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