December 2023 total traffic rose 25.3% compared to December 2022, reaching 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.<\/p>\n\n\n\n
International traffic in 2023<\/strong> 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 December 2019. Fourth quarter traffic was at 94.5% of 2019.<\/p>\n\n\n\n Domestic traffic for 2023<\/strong> rose 30.4% to close the year 3.9% above the full-year 2019 level. December 2023 domestic traffic was up 27.0% over the year-earlier period and 2.3% above December 2019 traffic. Fourth-quarter traffic was 4.4% higher than the same quarter in 2019.<\/p>\n\n\n\n \u201cThe strong post-pandemic rebound continued in 2023. December traffic stood just 2.5% below 2019 levels, with a strong performance in Q4, teeing up airlines for a return to normal growth patterns in 2024,\u201d said IATA\u2019s director general Willie Walsh.<\/p>\n\n\n\n “The recovery in travel is good news. The restoration of connectivity is powering the global economy as people travel to do business, further their educations, take hard-earned vacations and much more.” <\/p>\n\n\n\n Walsh cautioned governments that to \u201cmaximise the benefits of air travel in the post-pandemic world, governments must incentivise Sustainable Aviation Fuel (SAF) production to meet net zero carbon emission goal by 2050 and adopt regulations that deliver a clear cost-benefit. <\/p>\n\n\n\n \u201cCompleting the recovery must not be an excuse for governments to forget the critical role of aviation in increasing the prosperity and well-being of people and businesses worldwide.\u201d <\/p>\n\n\n International Passenger Markets<\/strong><\/p>\n\n\n\n Asia-Pacific airlines <\/strong>posted a <\/strong>126.1% rise in <\/strong>full-year international 2023 traffic compared to 2022, maintaining the strongest year-over-year rate among the regions. Capacity rose 101.8%, and the load factor climbed 9.0 percentage points to 83.1%. In December 2023, traffic rose 56.9% compared to December 2022.<\/p>\n\n\n\n European carriers\u2019 <\/strong>full-year traffic climbed 22.0% versus 2022. Capacity increased 17.5%, and load factor rose 3.1 percentage points to 83.8%. Demand climbed 13.6% in December compared to the same month in 2022. December traffic was higher than the corresponding month in 2019 for the first time since the start of the pandemic.<\/p>\n\n\n\n Middle Eastern airlines <\/strong>saw a 33.3% traffic rise in 2023 compared to 2022. Capacity increased by 26%, and load factor climbed by 4.4 percentage points to 80.1%. December demand climbed 16.6% compared to the same month in 2022.<\/p>\n\n\n\n North American carriers<\/strong> reported <\/strong>a 28.3% annual traffic rise in 2023 compared to 2022. Capacity increased 22.4%, and load factor climbed 3.9 percentage points to 84.6%. In December 2023, traffic rose 13.5% compared to the year-ago period.<\/p>\n\n\n\n Latin American airlines <\/strong>posted a 28.6% traffic rise in 2023 over 2022. Annual capacity climbed 25.4%, and the load factor increased 2.1 percentage points to 84.7% \u2014 the region’s highest. December demand climbed 26.5% compared to December 2022.<\/p>\n\n\n\n African airlines\u2019 <\/strong>annual traffic rose <\/strong>38.7% in 2023 versus the prior year. The full-year 2023 capacity was up 38.3%, and the load factor climbed 0.2 percentage points to 71.9%, the lowest among regions. December 2023, traffic for African airlines rose 9.5% over December 2022.<\/p>\n","protected":false},"excerpt":{"rendered":" SINGAPORE, 2 February 2024: Air travel recovery continued last December, ensuring 2023\u2019s air traffic performance edged even closer to matching pre-pandemic demand, the International Air Transport Association (IATA) reported earlier this week. Total traffic in 2023 (measured in revenue passenger kilometres or RPKs) rose 36.9% compared to 2022. Globally, in the full year 2023, traffic […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,246],"tags":[],"class_list":{"0":"post-231716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-airlines","7":"category-singapore"},"yoast_head":"\n![\"\"](\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2024\/02\/3.jpg\")
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