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News 2023


February 2023 IATA Air Passenger Market Analysis 
Published April 4. IATA Economic Reports.

Passenger growth continues


Highlights

  • Global passenger demand continued to grow in February. Industry-wide revenue passenger-kilometers (RPKs) increased 55.5% year-on-year (YoY) and were 15.1% below their pre-pandemic level. The global traffic recovery has been helped by recent developments in the Asia Pacific region’s air travel markets.
  • International RPKs grew 89.7% annually, as passenger flows between the Asia Pacific region and the rest of the world continued to catch up with other major international markets. Asia Pacific airlines grew their international RPKs by 378.7% YoY.
  • Domestic passenger traffic continued to trend near pre-pandemic levels, growing 25.2% annually and achieving 91.2% of February 2019 RPKs. A few monitored markets have exceeded their pre-pandemic capacity and passenger traffic levels.

African airlines' passenger traffic rose 90.7% in February

African airlines’ traffic rose 90.7% in February 2023 versus a year ago. February capacity was up 61.7% and load factor climbed 11.4 percentage points to 75.0%. Although the African airline sector is lagging a bit behind the global industry, its post-Covid-19 pandemic recovery is nearly complete. 


Upward trend in air travel demand stays on course

Industry-wide revenue-passenger kilometers (RPKs) grew by 55.5% YoY in February and reached 84.9% of their pre-pandemic traffic levels. In seasonally adjusted (SA) terms, total RPKs grew 5.6% month-on-month (MoM). Download the full report.