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IATA Reports Continued Recovery in Air Travel in Decemberb

Total 2023 traffic edges closer to pre-pandemic demand.

Written by:

Harvey Chipkin

Published on:

February 1, 2024

The International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2023 and total 2023 traffic edged even closer to matching pre-pandemic demand.

Total traffic in 2023 (measured in revenue passenger kilometers or RPKs) rose 36.9% compared with 2022. Globally, full year 2023 traffic was at 94.1% of pre-pandemic (2019) levels. December 2023 total traffic rose 25.3% compared with December 2022 and reached 97.5% of the December 2019 level. Fourth quarter traffic was at 98.2% of 2019, reflecting the strong recovery towards the end of the year.

International traffic in 2023 climbed 41.6% versus 2022 and reached 88.6% of 2019 levels. December 2023 international traffic climbed 24.2% over December 2022, reaching 94.7% of the level in December 2019. Fourth quarter traffic was at 94.5% of 2019.

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Domestic traffic for 2023 rose 30.4% compared with the prior year. 2023 domestic traffic was 3.9% above the full year 2019 level. December 2023 domestic traffic was up 27.0% over the year earlier period and was at 2.3% above December 2019 traffic. Fourth quarter traffic was 4.4% higher than the same quarter in 2019.

North American carriers reported a 28.3% annual traffic rise in 2023 compared with 2022. Capacity increased 22.4%, and load factor climbed 3.9 percentage points to 84.6%. December 2023 traffic rose 13.5% compared with the year-ago period.

Willie Walsh, IATA’s Director General , said that to maximize the benefits of air travel in the post-pandemic world, governments need to take a strategic approach. That means providing cost-efficient infrastructure to meet demand, incentivizing Sustainable Aviation Fuel (SAF) production to meet IATA’s net zero carbon emission goal by 2050 and adopting regulations that deliver a clear cost-benefit. Completing the recovery, he said, “must not be an excuse for governments to forget the critical role of aviation to increasing the prosperity and well-being of people and businesses the world over.”

Image: Shutterstock

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