Passenger Demand Up 16.6% in January

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Passenger Demand Up 16.6% in January
Passenger Demand Up 16.6% in January
The International Air Transport Association (IATA) released data for January
2024 global passenger demand indicating a strong start for the year.
Total demand, measured in revenue passenger kilometers (RPKs), was up 16.6%; total
capacity, measured in available seat kilometers (ASK), was up 14.1%; and the load factor was
79.9% (+1.7pt)
International demand rose 20.8%; capacity was up 20.9% and the load factor remained at
79.7% (+0.0pt)
Domestic demand rose 10.4%; capacity was up 4.6% and the load factor was 80.2% (+4.2pt)
“2024 is off to a strong start despite economic and geopolitical uncertainties. As governments look to
build prosperity in their economies in the busiest election-year ever, it is critical that they see aviation as
a catalyst for growth. Increased taxes and onerous regulation are a counterweight to prosperity. We will
be looking to governments for policies that help aviation to reduce costs, improve efficiency and make
progress towards net zero CO2 emissions by 2050,” said Willie Walsh, IATA’s Director General.