The International Air Transport Association (IATA) released 2024 full-year and December 2024 passenger market performance showing record high demand. Full-year international traffic surpassed the previous 2019 high by 0.5% in 2024, with growth in all regions. Capacity was 0.9% lower than 2019. The load factor improved by 0.5 percentage points, finishing on 83.2%, a record high. Total full-year traffic in 2024 (measured in revenue passenger kilometers or RPKs) rose 10.4% compared to 2023. This was 3.8% above pre-pandemic (2019) levels. Total capacity, measured in available seat kilometers (ASK), was up 8.7% in 2024. The overall load factor reached 83.5%, a record for full-year traffic. International full-year traffic in 2024 increased 13.6% compared to 2023, and capacity rose 12.8%....
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Marks a strong finish to its two-year rebuilding journey The Cathay Group has achieved a significant milestone by carrying more than 100,000 passengers, the most on a single day since the start of its rebuild. On 15 December 2024, Cathay Pacific and HK Express, the Group’s two passenger airlines, carried a combined total of 100,856 passengers, surpassing the 100,000-passenger mark on a single day. Since the milestone was first reached, the Group exceeded the 100,000-passenger mark on a total of eight days during the year-end travel peak ending 31 December 2024. Cathay Group Chief Executive Officer Ronald Lam said: “We are thrilled to have concluded the year 2024 on a high note with yet another milestone. The past year saw unprecedented progress and expansion for the Cathay Gr...
Read MoreAir passenger demand up 9.1% in June, as per IATA data The International Air Transport Association (IATA) released data for June 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 9.1% compared to June 2023. Total capacity, measured in available seat kilometers (ASK), was up 8.5% year-on-year. The June load factor was 85.0% (+0.5 percentage points (ppt) compared to June 2023). International demand rose 12.3% compared to June 2023. Capacity was up 12.7% year-on-year and the load factor improved to 85.0% (-0.3ppt on June 2023). Domestic demand rose 4.3% compared to June 2023; capacity was up 2.1% year-on-year and the load factor was 85.0% (+1.7ppt compared to June 2023). “Demand grew across all ...
Read MoreCathay Pacific has released its traffic figures for June 2024, which saw a new record achieved. On 30 June 2024, Cathay Pacific and HK Express together carried about 92,000 passengers combined, the highest daily number since the pandemic. In the first six months of 2024, the two airlines carried a total of approximately 13.5 million passengers. Cathay Pacific carried a total of 1,837,706 passengers in June 2024, an increase of 18.7% compared with June 2023. The month’s revenue passenger kilometres (RPKs) increased 23.7% year on year. Passenger load factor decreased by 4.2 percentage points to 83.5%, while available seat kilometres (ASKs) increased by 30% year on year. In the first six months of 2024, the number of passengers carried increased by 36.4% to a total of 10,659,601, against ...
Read MoreThe International Air Transport Association (IATA) released data for May 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 10.7% compared to May 2023. Total capacity, measured in available seat kilometers (ASK), was up 8.5% year-on-year. The May load factor was 83.4% (+1.7ppt compared to May 2023), a record high for May. International demand rose 14.6% compared to May 2023. Capacity was up 14.1% year-on-year and the load factor improved to 82.8% (+0.3ppt on May 2023). Domestic demand rose 4.7% compared to May 2023; capacity was up 0.1% year-on-year and the load factor was 84.5% (+3.8ppt compared to May 2023). “Strong demand for travel continues with airlines posting a 10.7% year-on-year increas...
Read MoreThe International Air Transport Association (IATA) released data for January 2024 global passenger demand indicating a strong start for the year. Total demand, measured in revenue passenger kilometers (RPKs), was up 16.6%; total capacity, measured in available seat kilometers (ASK), was up 14.1%; and the load factor was 79.9% (+1.7pt) International demand rose 20.8%; capacity was up 20.9% and the load factor remained at 79.7% (+0.0pt) Domestic demand rose 10.4%; capacity was up 4.6% and the load factor was 80.2% (+4.2pt) “2024 is off to a strong start despite economic and geopolitical uncertainties. As governments look to build prosperity in their economies in the busiest election-year ever, it is critical that they see aviation as a catalyst for growth. Increased taxes and ...
Read MoreThe International Air Transport Association (IATA) has announced that the recovery in air travel continued in December 2023 and total 2023 traffic edged even closer to matching pre-pandemic demand. • Total traffic in 2023 (measured in revenue passenger kilometers or RPKs) rose 36.9% compared to 2022. Globally, full year 2023 traffic was at 94.1% of pre-pandemic (2019) levels. December 2023 total traffic rose 25.3% compared to December 2022 and reached 97.5% of the December 2019 level. Fourth quarter traffic was at 98.2% of 2019, reflecting the strong recovery towards the end of the year. • International traffic in 2023 climbed 41.6% versus 2022 and reached 88.6% of 2019 levels. December 2023 international traffic climbed 24.2% over December 2022, reaching 94.7% of the level in Decem...
Read MoreThe International Air Transport Association (IATA) announced that the strong post-pandemic passenger traffic trend continued in September. Total traffic in September 2023 (measured in revenue passenger kilometers or RPKs) rose 30.1% compared to September 2022. Globally, traffic is now at 97.3% of pre-COVID levels. Domestic traffic hit a new high for the month of September, as traffic rose 28.3% versus September 2022 and exceeded the September 2019 level by 5.0%. International traffic climbed 31.2% compared to the same month a year ago. All markets saw double-digit percentage gains year on year. International RPKs reached 93.1% of September 2019 levels. “The third quarter of 2023 ended on a high note, with record domestic passenger demand for the month of September and continue...
Read MoreThe International Air Transport Association (IATA) has released a new analysis showing that reported unruly passenger incidents increased in 2022 compared to 2021. IATA called for more states to take the necessary authority to prosecute passengers under Montreal Protocol 2014 (MP14). Latest figures show that there was one unruly incident reported for every 568 flights in 2022, up from one per 835 flights in 2021. The most common categorizations of incidents in 2022 were non-compliance, verbal abuse and intoxication. Physical abuse incidents remain very rare, but these had an alarming increase of 61% over 2021, occurring once every 17,200 flights. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&win...
Read MoreTravel demand continues strong trend in April, says IATA The International Air Transport Association (IATA) has announced continued strong passenger traffic demand in April. Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022. Globally, traffic is now at 90.5% of pre-Covid levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level. Domestic traffic for April rose 42.6% compared to the year-ago period and has now fully recovered, posting a 2.9% increase over the April 2019 results. International traffic climbed 48.0% versus April 2022 with all markets recording healthy growth, with carriers in the Asia-Pacific region continuing to lead the recovery. International RPKs reached 83.6%...
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