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IATA: Record-Breaking Passenger Demand in 2024

According to the International Air Transport Association (IATA), the airline passenger market experienced unprecedented demand levels in 2024.

For the full year of 2024, total traffic, as measured in revenue passenger kilometers (RPKs), experienced a 10.4% increase compared to 2023, surpassing pre-pandemic levels from 2019 by 3.8%. Total capacity, indicated by available seat kilometers (ASK), rose by 8.7% during the same period. The overall load factor achieved a record high of 83.5% for the year.

International traffic for the full year 2024 saw a significant increase of 13.6% relative to 2023, with capacity also rising by 12.8%.

In the domestic sector, full-year traffic increased by 5.7% compared to the previous year, while capacity grew by 2.5%.

December 2024 concluded the year on a robust note, with overall demand increasing by 8.6% year-on-year and capacity expanding by 5.6%. International demand rose by 10.6%, while domestic demand increased by 5.5%. The load factor for December reached 84%, marking a record for that month.

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