Page 6 - IAADFS Summit 2023 Special Edition

INSIDER

IATA: 2022 ends on a strong note for the global air passenger industry

Over the course of 2022, global air load factor increased 9.7 percentage points to pre-pandemic levels in 2022 with RPKs
passenger traffic gained momentum and to 82.2%, the highest among the regions. totaling 94.6% of 2019 levels.
recovered substantially as travel restrictions African airlines’ annual traffic rose India’s domestic RPKs increased
were taken down and passengers expressed 89.2% in 2022 versus the prior year. Full substantially in 2022 with concerns of
a very strong willingness to travel, reports year 2022 capacity was up 51.0% and load new COVID-19 outbreaks fading away.
the International Air Transport Association factor climbed 14.5 percentage points to Domestic RPKs for 2022 accounted for
(IATA). 71.7%, the lowest among regions. 85.7% of 2019 levels.
Passenger traffic recovered from In Japan, domestic traffic quickly
41.7% of 2019 volumes in 2021 to 68.5% Domestic traffic rebounded in 2022 and achieved 74.1% of
in 2022. Domestic traffic for 2022 rose 10.9% the recovery to 2019 levels.
Total traffic in 2022 (measured in compared to the prior year. 2022 domestic Australia experienced a similar
revenue passenger kilometers or RPKs) traffic was at 79.6% of the full year 2019 rebound, with RPKs recovering to 81.2%
rose 64.4% compared to 2021. Globally, level. of 2019 levels, a substantial 42.8 ppts
full year 2022 traffic was at 68.5% of pre- The U.S. domestic market demand increase from 2021.
pandemic (2019) levels. remained strong throughout the year. RPKs Insufficient data prevented IATA from
At the industry level, passenger reached 94.1% of 2019 traffic in 2022. reporting on developments in Russia’s
demand was met by offered seat capacity in In Brazil, domestic traffic was close domestic market.
2022, as available seat-kilometers (ASKs)
recovered to 71.9% of 2019 levels, while Air Travel continues to soar in February 2023
maintaining industry-wide passenger load
factors of 78.7%, says IATA. Air travel demand continues to be positive momentum of the past few months
Passenger load factors for 2022 were strong, based on February 2023 traffic since the lifting of travel restrictions in
only 3.9 percentage points below the load results released by the latest IATA numbers the region. The load factor increased 34.9
factors achieved before the pandemic in Total traffic in February 2023 percentage points to 82.5%, the second
2019. Similar observations can also be (measured in revenue passenger kilometers highest among the regions.
made at the regional level. or RPKs) rose 55.5% compared to February European carriers posted a 47.9%
2022. Globally, traffic is now at 84.9% of traffic rise versus February 2022.
International traffic February 2019 levels. Middle Eastern airlines saw a 75.0%
International passenger traffic Domestic traffic for February rose traffic increase compared to February a
recovered substantially in 2022. 25.2% compared to the year-ago period. year ago.
In 2022, international passenger traffic Total February 2023 domestic traffic was at North American carriers’ traffic
more than doubled with 152.7% YoY 97.2% of the February 2019 level. climbed 67.4% in February 2023 versus the
growth. All regions experienced strong International traffic climbed 89.7% 2022 period.
growth propelled by pent-up demand for air versus February 2022 with all markets Latin American airlines had a 44.1%
travel and easing restrictions globally. recording strong growth, led once again traffic increase compared to the same
Asia-Pacific airlines posted a 363.3% by carriers in the Asia-Pacific region. month in 2022. February capacity climbed
rise in full year international 2022 traffic International RPKs reached 77.5% of 34.0% and load factor rose to 82.7%, the
compared to 2021, maintaining the February 2019 levels. highest among the regions.
strongest year-over-year rate among the African airlines’ traffic rose 90.7%
regions. Capacity rose 129.9% and the load International Passenger Markets in February 2023 versus a year ago.
factor climbed 37.3 percentage points to Asia-Pacific airlines had a 378.7% February capacity was up 61.7% and load
74.0%. increase in February 2023 traffic compared factor climbed 11.4 percentage points to
European carriers’ full year traffic to February 2022, maintaining the very 75.0%.
climbed 132.2% versus 2021. Capacity
increased 84.0%, and load factor rose 16.7
percentage points to 80.6%. Editor/Publisher: Lois R. Pasternak
Middle Eastern airlines saw a 157.4% In Memoriam: Paul A. Pasternak
traffic rise in 2022 compared to 2021. Executive Editor: Michael Pasternak
Editorial Contributors: John Gallagher, Joe Bates
Capacity increased 73.8% and load factor Production Coordinator & Designer: Chris Hetzer
climbed 24.6 percentage points to 75.8%. Design and Production: It’s About Time, Inc.
North American carriers reported Webmaster: Michael Pasternak
a 130.2% annual traffic rise in 2022 Printing by The Printer’s Printer. Ft. Lauderdale, Florida
compared to 2021. Capacity increased This publication is a special supplement of Travel Markets Insider, published
by Pasternak Communications, Inc., 255 NE 3rd Ave No. 312, Delray Beach,
71.3%, and load factor climbed 20.7 FL. 33444 USA. www.travelmarketsinsider.net
percentage points to 80.8%. E-mail: parsnip5@aol.com, editor@travelmarketsinsider.net
Latin American airlines posted a Tel (561) 908-2119
Travel Markets Insider is a weekly newsletter distributed 50 times a year
119.2% traffic rise in 2022 over full year via e-mail, on a subscription basis only.
2021. Annual capacity climbed 93.3% and The annual subscription is US$200. Printed in the USA. All rights reserved.
© 2023 by Pasternak Communications, Inc.

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