The International Air Transport Association (IATA) has shared that air travel recovery across the world continued through November 2022, with India’s domestic recovery catching up with 2019 numbers soon. “In India, domestic RPKs (Revenue Passenger Kilometers) increased by 11.1% YoY and ASKs by 0.5%. November RPKs were 12.2% short of 2019 results,” it said.
Read More »‘Year 2020 was one we’d like to forget, but reveals an amazing story of perseverance’
With industry-wide air travel demand (in RPKs) having dropped by 65.9% year-on-year, Willie Walsh, IATA’s Director General, says, “2020 was a year that we’d all like to forget. But analysing the performance statistics for the year reveals an amazing story of perseverance. It was the rapid action by airlines and the commitment of our people that saw the airline industry through the most difficult year in its history.”
Read More »India domestic air traffic rises again in May after April fall: IATA
The recently released global passenger traffic results for May by The International Air Transport Association (IATA), revealed that after a fall in domestic RPKs in April (down 2.0 per cent YoY), following the demise of Jet Airways, growth in the India market rebounded sharply in May, with RPKs now an even 6.0 per cent higher than a year ago. While it will take some time for the market to adjust to the recent shock, the longer-term outlook for domestic India traffic remains positive.
Read More »India records double digit growth in domestic passenger demand in Sept
India and China continued to register double-digit growth in domestic passenger demand in September 2016, according to International Air Transport Association’s (IATA) global passenger traffic report. The results showed that global demand, measured in revenue passenger kilometers (RPKs) grew 7 per cent compared to the same month in 2015. This was the strongest year-over-year increase in seven months. Capacity climbed 6.6 per cent and load factor edged up 0.3 percentage points to 81.1 per cent. Growth in domestic traffic slightly outpaced growth in international traffic. Domestic passenger demand climbed 7.2 per cent in September as compared to September2015, which was up from the 4.1 per cent year-on-year growth recorded in August. International RPKs climbed 6.9 per cent with airlines in all regions recording growth compared to 2015. Total capacity climbed 7.2 per cent, causing load factor to slide 0.2percentage points to 80.4 per cent. “September’s growth in passenger demand was healthy. Importantly, this rebound from August weakness suggests that travel demand is showing its resilience in the aftermath of terror attacks. We must, of course, be ever-alert to the ongoing terror threat. And overall the industry is still vulnerable to being buffeted by rising geopolitical tensions, protectionist political agendas, and weak economic fundamentals. This will still be a good year for the airline industry’s performance, but our profitability will continue to be hard-won,” said Alexandre de Juniac, Director General and Chief Executive Officer, IATA.
Read More »