IATA - International Air Transport Association

Global air travel demand continued its bounce back in 2023, according to IATA

Share

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 kilometres or RPKs) rose 36.9% compared to 2022. Globally, full-year 2023 traffic was at 94.1% of pre-pandemic (2019) levels. December 2023 total traffic rose 25.3% compared to 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.

Domestic traffic for 2023 rose 30.4% compared to 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.

“The strong post-pandemic rebound continued in 2023. December traffic stood just 2.5% below 2019 levels, with a strong performance in quarter 4, teeing up airlines for a return to normal growth patterns in 2024. The recovery in travel is good news. The restoration of connectivity is powering the global economy as people travel to do business, further their educations, take hard-earned vacations and much more. But 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 our net zero carbon emission goal by 2050, and adopting regulations that deliver a clear cost-benefit. Completing the recovery 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,” said Willie Walsh, IATA’s Director General.

Air Passenger Market in Detail

December 2023 (% year-on-year)World Share?1RPKASKPLF(%-PT)?2PLF(Level)?3
Total Market
100%
25.3%
24.1%
0.8%
82.1%
Africa
2.1%
12.1%
18.7%
-4.3%
73.2%
Asia Pacific
22.1%
60.7%
53.4%
3.7%
81.2%
Europe
30.8%
12.5%
12.3%
0.1%
85.1%
Latin America
6.4%
16.3%
10.4%
4.2%
82.7%
Middle East
9.8%
16.4%
17.2%
-0.6%
78.2%
North America
28.8%
10.6%
12.0%
-1.0%
82.9%

1) % of industry RPKs in 2022    2) Year-on-year change in load factor    3) Load Factor Level

International Passenger Markets

Asia-Pacific airlines posted a 126.1% rise in full-year international 2023 traffic compared to 2022, maintaining the strongest year-over-year rate among the regions. Capacity rose 101.8% and the load factor climbed 9.0 percentage points to 83.1%. December 2023 traffic rose 56.9% compared to December 2022.

European carriers’ full-year traffic climbed 22.0% versus 2022. Capacity increased 17.5%, and load factor rose 3.1 percentage points to 83.8%. For December, demand climbed 13.6% compared to the same month in 2022. December traffic was higher than the corresponding month in 2019 for the first time since the start of the pandemic.

Middle Eastern airlines saw a 33.3% traffic rise in 2023 compared to 2022. Capacity increased 26.0% and load factor climbed 4.4 percentage points to 80.1%. December demand climbed 16.6% compared to the same month in 2022.

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

Latin American airlines posted a 28.6% traffic rise in 2023 over the full year 2022. Annual capacity climbed 25.4% and load factor increased 2.1 percentage points to 84.7%, the highest among the regions. December demand climbed 26.5% compared to December 2022.

African airlines’ annual traffic rose 38.7% in 2023 versus the prior year. Full-year 2023 capacity was up 38.3% and load factor climbed 0.2 percentage points to 71.9%, the lowest among regions. December 2023 traffic for African airlines rose 9.5% over December 2022.

Domestic Passenger Markets

December 2023 (% year-on-year)World Share?1RPKASKPLF(%-PT)?2PLF(LEVEL)?3
Domestic
41.9%
27.0%
22.9%
2.7%
82.3%
Domestic Australia
1.0%
6.6%
4.1%
1.9%
82.1%
Domestic Brazil
1.5%
5.9%
0.7%
4.0%
81.4%
Domestic China P.R.
6.4%
147.1%
105.0%
13.4%
78.4%
Domestic India
2.0%
8.2%
6.1%
1.8%
90.6%
Domestic Japan
1.2%
0.9%
-2.4%
2.4%
73.8%
Domestic US
19.2%
9.6%
10.2%
-0.5%
83.4%

1) % of industry RPKs in 2022    2) year-on-year change in load factor    3) Load Factor Level

China’s full-year domestic traffic rose 138.8% versus 2022 and is now 7.1% above the 2019 level.

Australia (-4.2% compared to 2019) and Japan (-3.2% compared to 2019) are the only major domestic markets yet to recover pre-pandemic traffic demand.

Air Passenger Market Overview – December 2023

December 2023 (% CH vs same month in 2019)World Share1RPKASKPLF (%-PT)2PLF (LEVEL)?3
Total Market
100.0%
-5.9%
-5.6%
-0.3%
82.3%
International
58.1%
-11.4%
-12.3%
0.8%
82.8%
Domestic
41.9%
3.9%
6.5%
-2.1%
81.5%

1) % of industry RPKs in 2022    2) year-on-year change in load factor    3) Load Factor Level

The Bottom Line

“Our push to connect our world even more strongly than before the pandemic must not come at the expense of our environment. The industry’s goal to reach net zero CO2 emissions by 2050 remains steadfast. To accelerate the transition, we need governments and fuel suppliers to step up and do more. We saw a strong increase in the use of SAF in 2023, but SAF is still only 3% of all global renewable fuel production. That is unacceptable. Aircraft have no option but to rely on liquid fuels, whereas other transport modes have alternatives. A massive collective effort is needed to increase SAF output as a proportion of overall renewable fuel production as quickly as possible,” said Walsh.

 

View the December Air Passenger Market Analysis (pdf)

Press Release No 6, Geneva – 31 January 2024

 

This post was published on 1 February 2024 23:10

André Orban

M. Sc. Engineering

Published by
André Orban

Recent Posts

Jetstar bans passenger after he inflates life jacket during safety demonstration

Jetstar and Qantas have banned an Australian social media personality from flying with their airlines…

23 October 2026

Flemish Government suspends new Brussels Airport flight plan over noise concerns

The Flemish Government has invoked a conflict of interest against the proposed changes to flight…

23 October 2026

Brussels Airport to expand border controls as EES delays persist, government registration kiosks remain offline

Brussels Airport will add eight manual border-control positions for arriving passengers by the end of…

23 October 2026

Typhoon Champi forces cancellation of more than 600 flights in Taiwan

Typhoon Champi has disrupted air travel across Taiwan, forcing the cancellation of more than 600…

23 October 2026

Copenhagen Airport faces major security queues after new screening requirements

Copenhagen Airport (CPH) is experiencing major queues at security screening after new requirements introduced by…

23 October 2026

Istanbul Aviation Forum to bring industry leaders together in April 2027

The Istanbul Aviation Forum will return to Türkiye on 27–28 April 2027, bringing together airline…

23 October 2026