The International Air Transport Association (IATA) announced continued strong growth in air travel demand, based on February 2023 traffic results. Total traffic in February 2023 (measured in revenue passenger kilometers or RPKs) rose 55.5% compared to February 2022. Globally, traffic is now at 84.9% of February 2019 levels. Domestic traffic for February rose 25.2% compared to the year-ago period. Total February 2023 domestic traffic was at 97.2% of the February 2019 level. International traffic climbed 89.7% versus February 2022 with all markets recording strong growth, led once again by carriers in the Asia-Pacific region. International RPKs reached 77.5% of February 2019 levels. “Despite the uncertain economic signals, demand for air travel continues to be...
Read MoreTag: Travel revival
TUI, the world's largest holiday company, is seeing growing demand for travel despite the energy crisis and double-digit inflation, the company said on Monday, as it sets its sights on strong business in the summer of 2023. The number of people booking early for the popular summer holiday season was up on the same period last year, said Stefan Baumert, the head of the group's German business, upon presenting the company's 2023 summer programme. FILE PHOTO: The outside of the TUI travel centre is seen in Harpenden, Britain. REUTERS/Paul Childs Rather than giving up on vacationing altogether due to high living costs, consumers are instead choosing new destinations or tweaking the duration of planned trips. "We are optimistic for the coming year because interest in travel is high...
Read MoreFlight bookings suggest a hot summer ahead for key destinations across Asia-Pacific, Europe and the Americas The World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, have forecast a major increase in global international flights bookings as international travel takes off. The booking bounce back was revealed at WTTC’s prestigious 21st Global Summit, which took place this year in Manila, as the world continues to reopen from the pandemic. News of the strong recovery highlights a promising prospect ahead for summer holiday travel, with sun and sea destinations, such as the Caribbean and Latin America, leading the international inbound bookings. Masked and unmasked travelers ride escalators as they transit the security area after the Biden administrati...
Read MoreReasons to be optimistic but Russia-Ukraine war yet to be taken into account The International Air Transport Association (IATA) expects overall traveler numbers to reach 4.0 billion in 2024 (counting multi-sector connecting trips as one passenger), exceeding pre-COVID-19 levels (103% of the 2019 total). Expectations for the shape of the near-term recovery have shifted slightly, reflecting the evolution of government-imposed travel restrictions in some markets. The overall picture presented in the latest update to IATA’s long-term forecast, however, is unchanged from what was expected in November, prior to the Omicron variant. “The trajectory for the recovery in passenger numbers from COVID-19 was not changed by the Omicron variant. People want to travel. And when travel restr...
Read MoreMomentum toward normalizing traffic is growing. Vaccinated travelers have the potential to travel much more extensively with fewer hassles than even a few weeks ago. This is giving growing numbers of travelers the confidence to buy tickets. And that is good news! The International Air Transport Association (IATA) has released data showing growing momentum in the recovery of air travel as restrictions are lifted. Improved Ticket Sales IATA reported a sharp 11-percentage point increase for international tickets sold in recent weeks (in proportion to 2019 sales). In the period around 8 February (7 day moving average) the number of tickets sold stood at 49% of the same period in 2019.In the period around 25 January (7 day moving average) the number of tickets sold stood at 38%...
Read MoreIndonesia's holiday island of Bali welcomed its first direct flight carrying foreign tourists for nearly two years on Thursday, but just a handful of visitors were on board to enter strict quarantine on arrival. A Garuda Indonesia flight from Tokyo arrived in Bali in the afternoon, with six foreigners and six Indonesians aboard, said Ida Ayu Indah Yustikarini, an official at the Bali Government Tourism Office. Though the island officially opened to visitors from China, New Zealand, Japan and a few other countries in mid-October, there have been no direct non-cargo flights since then. Passengers who were boarded on Garuda Indonesia flight GA881 from Narita, Japan, wave to journalists upon their arrival as Bali welcome its first direct flight carrying foreign tourists, after it was...
Read MoreThe International Air Transport Association (IATA) has welcomed the creation by the International Civil Aviation Organization (ICAO) of a global directory of public keys required for authentication of health credentials. The directory—called the Health Master List (HML)—will make a significant contribution to the global recognition and verification (interoperability) of government issued health credentials. A public key enables third parties to verify that a QR code displayed on a health credential is authentic and valid. The HLM is a compilation of public key certificates signed by ICAO and regularly updated as more health proofs are issued and new public keys are required. Its implementation will ease the global recognition of health credentials outside of the jurisdiction in which t...
Read MoreThe International Air Transport Association (IATA) announced full-year global passenger traffic results for 2021 showing that demand (revenue passenger kilometers or RPKs) fell by 58.4% compared to the full year of 2019. This represented an improvement compared to 2020, when full year RPKs were down 65.8% versus 2019. Because comparisons between 2021 and 2020 results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to the respective 2019 period, which followed a normal demand pattern. International passenger demand in 2021 was 75.5% below 2019 levels. Capacity, (measured in available seat kilometers or ASKs) declined 65.3% and load factor fell 24.0 percentage points to 58.0%.Domestic demand in 2021 was down 28.2% compared to 2019....
Read MoreWTTC identifies digital solutions to significantly restore international mobility
A simplified and interoperable digital solution is vital to fully achieve the recovery of the Travel & Tourism sectorKey WTTC recommendations will remove current patchwork of policies and processes Following comprehensive analysis and research, the World Travel & Tourism Council (WTTC) has launched a new groundbreaking report which provides clear recommendations to governments and identifies four key digital solutions to restore international mobility. The inaugural report provides guidance and calls on governments to adopt a more internationally coordinated response to COVID-19 for the Travel & Tourism sector and implement digital solutions that will facilitate the resumption of safe and stress-free international travel. Following World Health Organization (WHO) ...
Read MoreNew report from WTTC reveals, corporate travel in the Middle East and Asia Pacific set to lead the way with fastest recovery Worldwide business travel spending looks set to rise by more than a quarter this year and reach two thirds of pre-pandemic levels by 2022, according to the World Travel & Tourism Council (WTTC). The forecast comes in a major new WTTC report in collaboration with McKinsey & Company called ‘Adapting to Endemic Covid-19: The Outlook for Business Travel’. It draws on research, analysis and in-depth interviews with Travel & Tourism business leaders to enable organisations to prepare for corporate travel in the post-pandemic world. Business travel was disproportionately affected by COVID-19 and has been slower to resume. Given that business tra...
Read More
You must be logged in to post a comment.