Page 44 - INTERNATIONAL SOS PR REPORT JANUARY 2024

1/10/24, 4:49 PM Global Travel Soars Amid Evolving Risk Landscape: A Call for Enhanced Risk Management – The Fashion With Style
as compared to the beginning of the year. These findings align with
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a recent report from The International Air Transport Association

(IATA), emphasising the resurgence of global travel. According to
IATA, global air traffic reached 97.3% of pre-COVID levels at the end

2
of 2023. With the holiday season quickly approaching, IATA
anticipates that this trend will continue into the New Year, despite

economic and political uncertainties in parts of the world. For

instance, the Middle East region anticipates to witness a substantial
uptick in air passenger traffic, indicating a promising trajectory for

2024. Additionally, the industry forecasts indicate that the volume will

reach 105% of 2019 levels, facilitating travel of around 429 million
passengers.

Michael Rogers, Chief Security Analyst at International SOS said:

“The resurgence in global travel comes at a time in which the travel

security landscape is increasingly being complicated by geopolitical
events, natural disasters and other developments. More and more

organisations are finding comprehensive risk mitigation strategies for

their mobile workforce to be of upmost importance.

Today, more than ever, travellers need to remain informed of

prevailing risks and attendant mitigation measures. Beyond
geopolitical issues and natural disasters, emerging diseases, social

unrest and evolving crime dynamics require that travellers practice

vigilance. Across a series of concurrent and overlapping crises,

International SOS observed a 16% increase in the volume of
security and medical alerts issued to clients throughout January to

November this year compared to same period in 2022. The

considerable increase illustrates both the evolving global security
environment as well as value of timely and verified information and

analysis as a key resource to ensure workforce safety.”

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