Middle East and African carriers see increase in passenger demand
The International Air Transport Association (IATA) released data for March 2024.
Middle Eastern airlines saw a 10.8% year-on-year increase in passenger demand, and African airlines saw an 8.1% year-on-year increase.
“Demand for travel is strong. And there is every indication that this should continue into the peak Northern Summer travel season. It is critical that we have the capacity to meet this demand and ensure a hassle-free travel experience for passengers. That means making urgent progress to resolve supply chain issues and for airports and air traffic management to be fully staffed and operating at maximum efficiency. While airlines are prepared for customer care and assistance when operational issues arise, they are fed-up of bearing the cost when delays and cancellations are the result of poor preparation in other parts of the value chain,” said Willie Walsh, IATA’s director general.
Regional Breakdown - International Passenger Markets
All regions showed strong growth for international passenger markets in March 2024 compared to March 2023. Load factor performance was patchy, falling year-on-year in three of the six regions.
Asia-Pacific airlines continue to lead with way, with a 38.5% year-on-year increase in demand. Capacity increased 37.4% year-on-year and the load factor rose to 85.6% (+0.7ppt compared to March 2023), the highest among all regions. Major routes from Asia-Pacific display outstanding growth, although the number of scheduled air services from China to North America is still only 16.5% of pre-pandemic levels.
European carriers saw an 11.6% year-on-year increase in demand. Capacity increased 11.4% year-on-year, and the load factor was 79.9% (up just 0.1ppt compared to March 2023).
Middle Eastern capacity increased 13.9% year-on-year and the load factor fell -2.1ppt to 77.5% compared to March 2023.
North American carriers saw a 14.5% year-on-year increase in demand. Capacity increased 14.8% year-on-year, and the load factor fell to 84.7% (-0.2ppt compared to March 2023).
Latin American airlines saw a 19.7% year-on-year increase in demand. Capacity climbed 18.3% year-on-year. The load factor rose to 84.3% (+0.9ppt compared to March 2023).
African airlines capacity was up 11.0% year-on-year. The load factor fell to 70.3% (-1.9ppt compared to March 2023).
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