IATA: Peak air travel season ends on a high note in August

TornosNews.gr 07.10.2022 | 23:52
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IATA: Peak air travel season ends on a high note in AugustTotal traffic in August 2022 (measured in revenue passenger kilometers or RPKs) was up 67.7% compared to August 2021

The International Air Transport Association (IATA) announced passenger data for August 2022 showing continued momentum in the air travel recovery.

Total traffic in August 2022 (measured in revenue passenger kilometers or RPKs) was up 67.7% compared to August 2021. Globally, traffic is now at 73.7% of pre-crisis levels.

Domestic traffic for August 2022 was up 26.5% compared to the year-ago period. Total August 2022 domestic traffic was at 85.4% of the August 2019 level.

International traffic rose 115.6% versus August 2021 with airlines in Asia delivering the strongest year-over-year growth rates. August 2022 international RPKs reached 67.4% of August 2019 levels.

“The Northern Hemisphere peak summer travel season finished on a high note. Considering the prevailing economic uncertainties, travel demand is progressing well. And the removal or easing of travel restrictions at some key Asian destinations, including Japan, will certainly accelerate the recovery in Asia. Mainland of China is the last major market retaining severe COVID-19 entry restrictions,” said Willie Walsh, IATA’s Director General.

Air passenger market in detail - August 2022

AUGUST 2022 (% YEAR-ON-YEAR) WORLD SHARE1 RPK ASK PLF (%-PT)​2 PLF (LEVEL)​3
Total Market 100.0% 67.7% 43.6% 11.8% 81.8%
Africa
1.9%
69.6%
47.6%
9.8%
75.7%
Asia Pacific
27.5%
141.6%
76.5%
19.9%
74.0%
Europe
25%
59.6%
37.8%
11.8%
86.2%

Latin America
6.5%
55.0%
46.6%
4.5%
82.4%

Middle East
6.6%
135.5%
65.4%
23.7%
79.6%

North America
32.6%
29.6%
20.0%
6.4%
85.6%

1) % of industry RPKs in 2021    2) Year-on-year change in load factor    3) Load Factor Level 

International Passenger Markets

Asia-Pacific airlines had a 449.2% rise in August traffic compared to August 2021. Capacity rose 167.0% and the load factor was up 40.1 percentage points to 78.0%. While the region experienced the strongest year-over-year growth, remaining travel restrictions in China continue to hamper the overall recovery for the region.


European carriers’ August traffic climbed 78.8% versus August 2021. Capacity rose 48.0%, and load factor increased 14.7 percentage points to 85.5%. The region had the second-highest load factor after North America.

Middle Eastern airlines’ traffic rose 144.9% in August compared to August 2021. Capacity rose 72.2% versus the year-ago period, and load factor climbed 23.7 percentage points to 79.8%.

North American carriers saw a 110.4% traffic rise in August versus the 2021 period. Capacity rose 69.7%, and load factor climbed 16.9 percentage points to 87.2%, which was the highest among the regions.

Latin American airlines’ August traffic rose 102.5% compared to the same month in 2021. August capacity rose 80.8% and load factor increased 8.9 percentage points to 83.5%.

African airlines experienced a 69.5% rise in August RPKs versus a year ago. August 2022 capacity was up 45.3% and load factor climbed 10.8 percentage points to 75.9%, the lowest among regions. International traffic between Africa and neighboring regions is close to pre-pandemic levels.

Domestic Passenger Markets

AUGUST 2022 (% YEAR-ON-YEAR) WORLD SHARE1 RPK ASK PLF (%-PT)​2 PLF (LEVEL)​3
Domestic
62.3%
26.5%
18.9%
4.7%
79.7%
Domestic Australia
0.8%
449.0%
233.7%
32.1%
81.9%
Domestic Brazil
1.9%
25.7%
23.4%
1.5%
81.2%
Domestic China P.R.
17.8%
45.1%
25.7%
9.0%
67.4%
Domestic India
2.0%
55.9%
42.3%
6.9%
78.9%
Domestic Japan
1.1%
112.3%
40.0%
24.0%
70.6%
Domestic US
25.6%
7.0%
3.3%
3.0%
84.6%

1) % of industry RPKs in 2021    2) Year-on-year change in load factor    3) Load Factor Level 

Australia’s domestic traffic posted a 449.0% year-over-year increase and is now 85.8% of 2019 levels.

US domestic traffic was up 7.0% in August, compared to August 2021. Further recovery is limited by supply constraints.

AUGUST 2022 (% CH VS THE SAME MONTH IN 2019) WORLD SHARE1 RPK ASK PLF (%-PT)​2 PLF (LEVEL)​3
TOTAL MARKET
100.0%
-26.3%
-22.8%
-3.9%
81.8%
International
37.7%
-32.6%
-30.6%
-2.5%
83.2%
Domestic
62.3%
-14.6%
-8.1%
-6.0%
79.7%

1) % of industry RPKs in 2021    2) Year-on-year change in load factor    3) Load Factor Level 

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report

Photo Source: pixabay.com

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