The International Air Transport Association (IATA) released its June 2024 data report and showed that worldwide passenger demand increased by 9.1%.
The report, released on July 31, 2024, said that total capacity, measured in available seat kilometers (ASK), was up 8.5% year-on-year.
International demand rose 12.3% compared to the same time in 2023, and domestic demand also increased by 4.3%.
All regions showed strong growth for international passenger markets in June 2024 compared to June 2023:
Asia-Pacific airlines’ growth remained strong, with a 22.6% year-on-year increase in demand. African airlines came second with a 16.9% year-on-year increase in demand.
When it comes to domestic passenger markets, most key markets showed solid growth, with the exception of Australia and Japan. Brazil posted the largest gain with 7.6% year-on-year growth.
“Demand grew across all regions as the peak Northern summer travel season began in June. And with overall capacity growth lagging demand we saw a very strong average load factor of 85% achieved in both domestic and international operations,” Willie Walsh, IATA’s Director General said in a statement.
Walsh added: “Operating with such high load factors is both good and challenging. It makes it even more important for all the stakeholders to operate with equal levels of efficiency to minimize delays and get travelers to their destinations on schedule.”
“As the Olympic Games unfold in Paris there is pride across the aviation industry for its continuing role in supporting the Olympic story by bringing many of the athletes, fans, and officials together. It is a great reminder of how aviation transforms our very big world into a global community. We wish France every success as the host of the games and cheer for all the athletes who will demonstrate the best of human endeavor over the next weeks,” Walsh concluded.
The full report can be read here.
