L  L  News & Industry Affairs / IATA

  L      IATA News

Spotlight 2023

News 2023

September 2023 IATA Air Passenger Market Analysis 
Published November 9. IATA Economic Reports.

Strong passenger growth


  • In September, the industry showed continued strength in the air travel recovery, with revenue passenger-kilometers (RPKs) growing 30.1% year-on-year (YoY), reaching 97.3% of 2019 levels.
  • Available seat-kilometers (ASKs) rebounded by 28.8% YoY, recovering to 96.5% of pre-pandemic capacity. Industrywide passenger load factors rose to 82.6%.
  • Domestic passenger traffic achieved 28.3% annual growth in September, and surpassed 2019 RPKs by 5.0%. International passenger traffic resumed recovery, with international RPKs increasing by 31.2% compared to the same month a year ago, reaching 93.1% of pre-pandemic levels.
  • Despite these positive trends, slowing domestic demand and ticket sales highlight potential challenges in the industry’s recovery.

African airlines traffic up 28.1% YoY

African airlines posted a 28.1% traffic increase in September 2023 versus a year ago. Capacity was up 29.9% and load factor slipped 1.0 percentage points to 72.6%.

September showed continued strength in demand…

Across the industry, revenue passenger-kilometers (RPKs) grew 30.1% year-on-year (YoY) in September, bringing them closer to 2019 traffic levels. Seasonallyadjusted data indicate a steady expansion in RPKs, showing a 1.0% month-on-month (MoM) increase over August’s numbers. Global RPKs are now within 2.7% of 2019 levels, marking substantial progress towards full recovery. Airlines in North America, Latin America and the Middle East have not only achieved full recovery in traffic volumes but have also experienced further growth in passenger traffic...

“With the end of 2023 fast approaching, we can look back on a year of strong recovery in demand as passengers took full advantage of their freedom to travel. There is every reason to believe that this momentum can be maintained in the New Year, despite economic and political uncertainties in parts of the world. But we need the whole value chain to be ready. Supply chain issues in the aircraft manufacturing sector are unacceptable. They have held back the recovery and solutions must be found. The same holds true for infrastructure providers, particularly air navigation service providers. Equipment failures, staffing shortages and labor unrest made it impossible to deliver the flying experience our customers expect. A successful 2024 needs the whole value chain to be fully prepared to handle the demand that is coming,” Willie Walsh, IATA DG.  Download the full report...