IATA: Global Air Passenger Demand Reaches Record High in 2024
Source: IATA The International Air Transport Association (IATA) released 2024 full-year and December 2024 passenger market performance showing record high demand. Total full-year traffic in 2024 (measured in revenue passenger kilometers or RPKs) rose 10.4% compared to 2023. This was 3.8% above pre-pandemic (2019) levels. Total capacity, measured in available seat kilometers (ASK), was up 8.7% in 2024. The overall load factor reached 83.5%, a record for full-year traffic. International full-year traffic in 2024 increased 13.6% compared to 2023, and capacity rose 12.8%. Domestic full-year traffic for 2024 rose 5.7% compared to the prior year, while capacity expanded by 2.5%. December 2024 was a strong finish to the year with overall demand rising 8.6% year-on-year, and capacity grew by 5.6%. [...]