travel demand – आवारा मुसाफिर

Passenger demand up 13.8% in March

May 1, 2024293 Views

The International Air Transport Association (IATA) has released data for March 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023). International demand rose 18.9% compared to March 2023; capacity was up 18.8% year-on-year and the load factor improved to 81.6% (+0.1ppt on March 2023). Domestic demand rose 6.6% compared to March 2023; capacity was up 3.4% year-on-year and the load factor was 82.6% (+2.5ppt compared to March 2023). “Demand for travel is strong. And there is every indication that this should continue in...

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Global air travel demand continued its bounce back in 2023

AWARA MUSAFIR BUREAU

January 31, 2024572 Views

The 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...

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First long weekend of the year gives a big tourism push

UPENDRA SWAMI

January 19, 2024678 Views

Industry upbeat with prospects, bookings pick with brisk demand With Republic Day falling on a Friday, travellers are leveraging this opportunity to make the most of the long weekend, and tourism industry is witnessing brisk demand of over 25% YoY – for both domestic and closer to home locales. Besides, domestic destinations, short haul outbound destinations like Thailand, Indonesia, Vietnam, Cambodia, Dubai, Abu Dhabi, Singapore, Malaysia are witnessing demand for this extended weekend. FILE PHOTO: A child tries on a mask at a street vendor in Dharmsala, India, Saturday. (AP Photo/Ashwini Bhatia) Rajeev Kale - President & Country Head, Holidays, MICE, Visa - Thomas Cook (India) Limited, says, “Long weekends provide that much needed short break/ minication and customers are o...

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Travellers set to splurge on international travel this year

AWARA MUSAFIR BUREAU

January 21, 2023990 Views

WTTC and Trip.com Group global traveller report reveals shift towards sustainable travel “Demand for travel is now stronger than ever” says WTTC President & CEO Julia Simpson A major new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism amongst consumers, with 69% of travellers actively seeking sustainable travel options. In this follow-up report, WTTC joined forces again with leading global travel service provider, Trip.com Group and its major consumer brands Trip.com, Ctrip and Skyscanner, with additional data sourced from Deloitte, to analyse the trends that shaped the Travel & Tourism sector last year and will continue to do so over 2023. The Mont des Arts or Kunst...

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Millennial and Gen Z travelers could be the future demand drivers

AWARA MUSAFIR BUREAU

March 23, 2022398 Views

Should be targeted with low cost off-peak travel options, says GlobalData With two billion holiday takers within the age range 25-34 in 2021, the second highest for its number of holiday takers, behind 35-49, travel and tourism companies need to target millennials and Gen Z with offerings away from busy summer periods that create value for money and authentic experiences, found GlobalData. The leading data and analytics company notes that a significant contributing factor as to why there are so many holiday takers in the 25-34 age range is their ability to travel during off-peak periods. Many young millennial and Gen Z travelers have no children or major responsibilities in terms of occupational and financial obligations. FILE PHOTO: A young tourist in Auckland, New Zealand, Nove...

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Moderate rebound in September passenger demand

AWARA MUSAFIR BUREAU

November 5, 2021310 Views

The International Air Transport Association (IATA) announced a moderate rebound in air travel in September 2021 compared to August’s performance. This was driven by recovery in domestic markets, in particular China, where some travel curbs were lifted following the COVID-19 outbreaks in August. International demand, meanwhile, slipped slightly compared to the previous month. Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to September 2019, which followed a normal demand pattern. # Total demand for air travel in September 2021 (measured in revenue passenger kilometers or RPKs) was down 53.4% compared to September 2019. This marked an uptick from August, when demand was 56....

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A tale of 2 markets: Domestic recovery & international stagnation

AWARA MUSAFIR BUREAU

June 10, 20211142 Views

The International Air Transport Association (IATA) has announced that domestic travel demand improved in April 2021 compared to the prior month, although it remained well below pre-pandemic levels, while recovery in international passenger travel continued to be stalled in the face of government-imposed travel restrictions. Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to April 2019, which followed a normal demand pattern. -Total demand for air travel in April 2021 (measured in revenue passenger kilometers or RPKs) was down 65.4% compared to April 2019. That was an improvement over the 66.9% decline recorded in March 2021 versus March 2019. The better performance was dri...

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From Bad to Worse: January passenger demand falls further

AWARA MUSAFIR BUREAU

March 2, 2021874 Views

The International Air Transport Association (IATA) announced that passenger traffic fell in January 2021, both compared to pre-COVID levels (January 2019) and compared to the immediate month prior (December 2020). Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to January 2019 which followed a normal demand pattern. FILE PHOTO: A plane prepares to land at the Nantes Atlantique airport in Bouguenais near Nantes. REUTERS/Stephane Mahe Total demand in January 2021 (measured in revenue passenger kilometers or RPKs) was down 72.0% compared to January 2019. That was worse than the 69.7% year-over-year decline recorded in December 2020.Total domestic demand was down 47.4% versus p...

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2020 Worst year in history for air travel demand

AWARA MUSAFIR BUREAU

February 3, 2021430 Views

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. Similarly, data for global air freight markets show that demand for air cargo decreased by 10.6% in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance in 1990, outpacing the 6% fall in global trade in goods. International passenger demand in 2020 was 75.6% below 2019 levels. Capacity, (measured in available seat kilometers or ASKs) declined 68.1% and load factor fe...