August 2020 IATA Air Passenger Market Analysis 
Published September 30, 2020. IATA Economic Reports.

Domestic markets dominated the recovery for another month


Highlights

  • Industry-wide revenue passenger-kilometres (RPKs) contracted by 75.3% year-on-year in August, compared with 79.5% decline in July. All regions posted modest demand improvements.
  • Domestic markets continue to drive the industry rebound. However, resurgence of COVID-19 cases has slowed progress in some countries. Apart from the intra-European routes, international demand was subdued.
  • Industry-wide available seat-kilometres (ASKs) recovered faster than RPKs. As a result, the global passenger load factor reached all-time low for August, at 58.5%.

African passenger numbers continue to drop
The decline in capacity continued to ease in August as airlines returned more fleet to service and increased the frequency of operations on some routes. International demand lagged the positive developments on domestic routes in August.


Passenger demand increased slightly in August

Passenger volumes continue to rise from the low point in April, but the pace of improvement remains slow. Industry-wide revenue passenger-kilometres (RPKs) fell by 75.3% year-on-year compared with 79.5% annual contraction in July. Seasonally adjusted passenger volumes (stripped of seasonal ups and downs) also moved higher for another month, but are nowhere near the pre-COVID levels.
    All regions reported smaller annual declines, with Asia Pacific posting the most resilient outcome for another month (-69.2%yoy). European carriers showed the fastest recovery (-73%yoy in August vs. –81.2%yoy in July), benefitting from robust performance on Russia domestic routes and tentative signs of rising demand in the smaller intra-European market... Download the full document here.