The Recovery of Airlines: Global Activity Approaches Pre-Covid Levels as Domestic Markets Drive Growth

2023-07-08 07:00:00

THE Airlines companies saw their global activity approach in May 2023 the pre-Covid levelsat 96.1% of attendance in the same month of 2019, according to theInternational Air Transport Association (IATA).

This recovery was driven by domestic markets. Calculated in revenue passenger-kilometres, one of the sector’s benchmarks, the activity of these rotations reached a global average of 105.3% of the level of four years ago. May 2023 was the second month in a row where ridership on these domestic routes was higher than before the pandemic.

Having restarted later, the international connections have returned in May to 90.8% of levels four years ago, according to IATA. The association, which announced at the beginning of June that it was planning 4.35 billion individual air journeys this year, close to the record of 4.54 billion in 2019, also welcomed an aircraft occupancy rate in May of 81, 8%, back to its pre-Covid level.

« Aircraft were full, with average load factors reaching 81.8%. Domestic markets recorded growth at pre-pandemic levels. And, as the busy Northern Hemisphere summer travel season approaches, international demand has reached 90.8% of pre-pandemic levels. said Willie Walsh, Director General of IATA.

Orly @A.Voisin/AJ

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