Business travel

IATA: Continued momentum in global air traffic in August

According to the International Air Transport Association, domestic and international air passenger traffic in August showed continued improvement over the previous year. The total traffic recovery from 2019 levels, however, was 73.7%, down slightly from the 74.6% reported in July.

Total traffic for August, measured in revenue passenger-kilometres, increased by 67.7% compared to August 2021. Total capacity, measured in available seat-kilometres, increased by 43.6% from a year-over-year, with passenger load factor increasing by 11.8 percentage points to 81.8%.

“Given the prevailing economic uncertainties, travel demand is growing well,” IATA Director General Willie Walsh said in a statement. “And the removal or easing of travel restrictions in some key Asian destinations, including Japan, will certainly accelerate the recovery in Asia. The Chinese mainland is the last major market to maintain severe Covid entry restrictions. -19.”

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These changes to restrictions in Asia helped Asia-Pacific improve total regional traffic with a 141.6% increase over the previous year. The region’s total capacity also grew the most of any region, at 76.5%. Next is the Middle East, where total traffic increased by 135.5% and capacity increased by 65.4%.

Domestic traffic in August was up 26.5% year-over-year, with domestic capacity up 18.9%. The load factor increased by 4.7 percentage points to reach 79.7%. Compared to August 2019 levels, domestic traffic was down 14.6% while capacity was down 8.1%. Australia recorded the largest year-on-year increases in traffic and capacity in August, up 449% and 233.7%, respectively, although comparisons are skewed by travel restrictions past.

International traffic increased by 115.6% year-on-year and capacity increased by 68.4%. The load factor increased by 18.2 percentage points to 83.2%. Compared to August 2019 levels, traffic is down 32.6% and capacity is down 22.8%. Again, due to the easing or elimination of travel restrictions, Asia-Pacific saw the largest increase in traffic, at 449.2%, and a gain in capacity, at 167%. from one year to the next. The North American load factor climbed 16.9 percentage points to 87.2%, the highest among the regions, according to IATA.

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