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October 2022 IATA Air Passenger Market Analysis 
Published December 1. IATA Economic Reports.

Air traffic recovery continues


Highlights

  • In October, industry-wide RPKs increased by 44.6% year-on-year (YoY), reaching 74.2% of pre-pandemic levels.
  • Total Domestic traffic decreased slightly by 0.8% this month, standing at 77.9% compared to the same month in 2019. The stringent travel policy in China P.R. continues to dampen the global figures. Other major markets continue to see a sustained recovery.
  • International passenger traffic more than doubled from last October, achieving 72.1% of October 2019 levels. Major international routes continue to track near pre-pandemic traffic levels. Within Asia, international traffic has experienced substantial growth over the last months, standing at 69.2% of October 2019 levels.
  • Industry-wide seat capacity, measured in available-seat kilometers (ASKs), contracted by 0.3% month-on-month (MoM) in seasonally adjusted terms. Different outcomes are observed at the regional level.
  • Forward bookings increased to around 75% of pre-pandemic levels for international travel, following the re-openings announced by multiple Asian economies. Domestic bookings remain at around 70% of pre-pandemic level. These recent developments give a positive outlook with resilient domestic travel and further recovery underway for international traffic worldwide ahead of the holiday season.

African airlines' passenger demand up 84.5% Y-o-Y

African airlines' traffic rose 84.5% in October versus a year ago. October 2022 capacity was up 46.9% and load factor climbed 14.5 percentage points to 71.3%, the lowest among regions.


Global traffic levels stable in October

Industry-wide revenue passenger-kilometers (RPKs) grew by 44.6% YoY in October. Global passenger traffic is now at 74.2% of 2019 levels (Chart 1), a 1 percentage point (ppt) increase from September. Recovery remained strong after the peak season of July and August, and the momentum extended to October. Since June, global RPKs have grown on average 1.7% per month in seasonally adjusted terms. 
    Global passenger load factors (PLF) were broadly unchanged in October versus the month prior. International traffic achieved an 82.1% passenger load factor and on the domestic side it reached 81.9% in October. Download the full report.