Knowledge documents
20 August 2024
Global air passenger market analysis: Insights from March 2024
Knowledge documents
20 August 2024
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The report highlights the aviation industry's resilience and post-pandemic recovery, uncovering substantial growth opportunities and regional dynamics influencing global air travel trends.
IATA
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In March 2024, the aviation industry experienced a robust 13.8% year-on-year growth in Revenue Passenger-Kilometers (RPK). This growth was primarily driven by strong momentum in international traffic, especially from the Asia Pacific region, which saw an impressive 18.9% increase in RPK. Despite challenges, this data underscores the sector’s resilience and recovery post-pandemic, revealing significant growth opportunities and regional dynamics shaping global air travel trends. The report, provided by the International Air Transport Association (IATA), is updated monthly and freely accessible for anyone interested.
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