More people flying is good news for airlines.
The IATA says passenger revenues are expected to reach $717 billion in 2024, up 12% from $642 billion in 2023.
They predict that passenger yields, a measure of revenue per passenger-mile, will be up by 1.8% over 2023.
The revenue jump will drive a better bottom line.
The 4.5 billion scheduled passengers carried in 2019 are expected to grow to about 10.0 billion by 2040, and the number of departures is projected to rise to some 90 million in 2040.
The world's major manufacturers delivered 1 234 new commercial aircraft in 2019 and recorded 822 new aircraft net orders.
Passenger traffic forecast 2023–2024: key takeaways
Prior to the COVID-19 pandemic, the global passenger volume was estimated to reach 10.5 billion passengers in 2023.
However, the current projection of global passenger volume in 2023 is approximately 8.6 billion passengers, which is 94.2% of the 2019 level.27 sept. 2023
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.
The World Air Transport Statistics 2021
This far from offsets the fall in passenger traffic but still provides needed support to airlines that were able to operate cargo flights. Chart 6: Air cargo |
Air Passenger Market Analysis January 2022
10 mars 2022 Sources: IATA Economics IATA Monthly Statistics. Domestic India. Air passenger market overview - January 2022. |
Air Passenger Market Analysis August 2021
30 sept. 2021 While China was the main culprit – as it accounted for 19.9% of total global RPKs in 2020 – traffic in several other large domestic markets also ... |
Air Passenger Market Analysis December 2021
1 déc. 2021 However this recovery was also more volatile because of significant sways in traffic in some of the larger domestic markets |
Air Passenger Market Analysis September 2020
4 nov. 2020 The recovery remained mostly driven by domestic markets – down 43.3% year-on-year – while there was no clear recovery in international traffic ... |
Air Passenger Market Analysis September 2021
3 nov. 2021 The performance in passenger traffic was mixed across regions. While Asia Pacific airlines reported a 9 percentage points (ppts) reduction in ... |
Air Passenger Market Analysis November 2021
1 nov. 2021 Air travel recovery continued in November ahead of the Omicron outbreak but the traffic improvement was smaller than in the previous months. |
Air Passenger Market Analysis April 2020
3 juin 2020 Air passenger demand comes to a standstill amidst lockdowns ... Source: IATA Economics IATA Monthly Statistics. Actual. Seasonally adjusted. |
Effects of Novel Coronavirus (COVID-19) on Civil Aviation
12 sept. 2022 gross operating revenues of airlines. Year 2022 outlook: International and domestic passenger traffic. The COVID-19 impact on world ... |
Air Passenger Market Analysis January 2021
2 mars 2021 Passenger traffic fell in January. Industry-wide revenue passenger-kilometres (RPKs) were down by 6.6% compared. |
Air transport statistics Statistics Explained - European Commission
7 déc 2020 · In 2019, the total number of passengers travelling by air in the European Union could be established at 1 034 million, an increase of 3 8 |
Air Transport in Figures - ICAO
*preliminary figures Gu lf c ris is Ira n -Iraq w ar Oil c ris is A sian crisis 9/11 terro rist attack S AR S Continuous growth of air traffic Source: ICAO 3 |
PASSENGER TRAVEL FACTS AND FIGURES - Bureau of
Air Travel Between January 2003 and January 2015, U S airlines' total ( domestic and international) passenger enplanements rose 18 1 percent Enplanements |
• European flight growth continued to slow down and - Eurocontrol
Main contributors to flight growth in Europe in May 2019 Six states added more than 50 flights per day to the European local traffic growth (excluding overflights) |
Statistical information on air passenger numbers - UK Parliament
In many cases, the data will report this as two or more passenger journeys Particularly for domestic flights, where passengers are departing and arriving at airports |
Aviation Statistics: Notes and Definitions - Govuk
registered airlines that carry passengers or freight on a commercial basis Air taxi operations terminal passengers: CAA Airport Statistics, Table 10 1 and 10 2 |
FORECASTING PASSENGER TRAFFIC FOR A - Sciendo
Key words: air traffic, traffic forecasting model, regression model, regional airport 1 Introduction Predicting as accurate as possible the passenger traffic for a |
The Usefulness of Current International Air Transport Statistics
able and consistent data on international air trans- aircraft efficiency to rise and air traffic control sys- As a result, air passenger traffic since 1960 has |
Modeling monthly flows of global air travel - ResearchGate
constrained by a lack of data, given that air passenger flow data are often difficult and expensive to obtain Here, these dynamics are modeled at a monthly scale |
[PDF] World Air Transport Statistics 2019 Edition (WATS) -- MEDIA KIT - IATA
Worldwide air passenger numbers continued to rise, reaching 44 billion journeys in 2018 |
[PDF] Air transport statistics Statistics Explained - European Commission
International intra EU traffic at country level, as set out in Table 2, shows that for passengers taking indirect flight to Australia changing in Near and Middle East |
[PDF] passenger travel facts and figures - BTS - US Department of
Network airlines, which operate a significant portion of their flights using at least one hub where connections are made for flights to down line destinations or spoke |
[PDF] Statistical information on air passenger numbers - UK Parliament
Airlines will also be the primary agencies who collect data on health medical circumstances, at least as these relate to the immediate context of carried passengers |
[PDF] Coronavirus economic impact TH - ICAO
5 days ago · Domestic passenger traffic for 2020 compared to Baseline – Overall reduction ranging from 38 to 42 of seats offered by airlines – Overall |
[PDF] Presentation of 2017 Air Transport Statistical Results Annual - ICAO
Presentation of 2017 Air Transport Statistical Results Total Passenger Seat km Passenger Freight Mail Revenue tonne km Weight km available load factor |
[PDF] passenger travel facts and figures - Bureau of Transportation Statistics
Since 2008, as airlines reduced capacity, flights have become more crowded and load factors have reached record levels (figure 3 4) Inflation adjusted domestic |
[PDF] Aviation Statistics: Notes and Definitions
These are inclusive of all UK major airports that receive commercial traffic and all UK registered airlines that carry passengers or freight on a commercial basis |
[PDF] Modeling monthly flows of global air travel passengers - Geography
comes from statistical models of air passenger flows (Grosche et al, 2007; Johansson et (2011) Since the passenger numbers on a flight can never exceed |