International air passenger demand grows sharply year-on-year in April

INTERNATIONAL. Air passenger demand in April grew by +11% year-on-year, according to the latest data from the International Air Transport Association (IATA).

The global aviation body, which represents 330 airlines, noted the continued improvement in international traffic, which rose +15.8% year-on-year in revenue passenger kilometres (RPK) terms. The load factor rose by 0.7 percentage points to 82.2% in April.

Domestic air passenger traffic saw slower growth of +4%. April capacity increased by +2.1% year-on-year and the load factor was up by 1.5 percentage points to 82.6%.

Key numbers for air passenger markets in April (click to enlarge)

International passenger market performance by region

Asia Pacific was the top-performing region in April, with passenger traffic up +32.1% year-on-year. Capacity rose by +29.3% and the load factor was up 1.7 percentage points to 83.7%.

The global aviation body emphasised the notably strong traffic flows from the Middle East and Africa to Asia.

African airlines saw passenger volumes grow strongly last month, up by +15.5% from the same period in 2023. April capacity jumped by +10.4% year-on-year, while the load factor grew by 3.2 percentage points to 73%.

Performance of major international passenger markets in April (click to enlarge)

IATA recorded strong air travel demand in Latin America, the Middle East and Europe, up by +14.5% , +14.2% and +10.1%, respectively.

Latin American carriers saw capacity climb by +13.5% year-on-year and load factor grew by 0.7 percentage points to 84.1%, the highest among the regions.

 International RPK growth by region for March and April 2024 (click to enlarge) 

In the Middle East, capacity was higher by +9.9% than the same month in 2023, and the load factor was up by 3.0 percentage points to 79.3%.

North American carriers saw a slowdown in traffic volume last month, increasing by +6.5% year-on-year. April capacity rose by +10.3% year-on-year, and the load factor dropped by 2.9 percentage points to 81%.

Key domestic passenger markets

Domestic passenger traffic in China saw a sluggish growth in April, up by +4.2% as the holiday travel surge concluded.

Travel demand in Japan saw a flat performance amid the end of the fiscal year and the start of the school spring holiday. Overall, Japan’s RPK trend remains positive.

Performance of major domestic passenger markets in April (click to enlarge)

IATA Director General Willie Walsh said: “Passenger demand has been growing for 36 consecutive months. As we enter the peak northern summer travel season, there is every reason to feel optimistic for a strong summer with airlines offering a wide range of travel options.

“97% of passengers asked in our recent survey said they were satisfied with their last flight. Every part of the travel value chain needs to be focused on maintaining that.”  ✈

Food & Beverage The Magazine eZine