Yesterday, the International Air Transport Association (IATA) released its figures for June 2024 global passenger demand. The Asia-Pacific (APAC) region pulled ahead in several key areas.

Compared to European carriers, Middle Eastern airlines, North American carriers, Latin American airlines, and African airlines, APAC airlines had the strongest year-on-year increase in demand at 22.6 per cent (compared to 9.1 per cent for European carriers, 16.9 per cent for African airlines, and 15.3 per cent for Latin American airlines). The region also boasts a significant increase in year-on-year capacity at 22.9 per cent and a robust load factor of 83.0 per cent.

More broadly, international demand rose 12.3 per cent against June 2023 with capacity up 12.7 per cent year-on-year, and revenue passenger kilometres (RPK) was also up 9.1 per cent compared to June the previous year. Speaking on the findings, Willie Walsh, Director General, IATA 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 per cent 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 travellers to their destinations on schedule.”

Touching on the ongoing Olympic Games which commenced on Friday, Walsh added:

“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 endeavour over the next weeks.”

 

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