July Passenger Demand Remains Strong
Source: IATA The International Air Transport Association (IATA) announced passenger data for July 2022 showing that the recovery in air travel continues to be strong. Note: We have returned to year-on-year traffic comparisons, instead of comparisons with the 2019 period, unless otherwise noted. Owing to the low traffic base in 2021, some markets will show very high year-on-year growth rates, even if the size of these markets is still significantly smaller than they were in 2019. Total traffic in July 2022 (measured in revenue passenger kilometers or RPKs) was up 58.8% compared to July 2021. Globally, traffic is now at 74.6% of pre-crisis levels. Domestic traffic for July 2022 was up 4.1% compared to the year-ago period and is now driving the [...]