The International Air Transport Association (IATA) says “African airlines saw a 18.5% traffic increase in January 2024 versus a year ago. January capacity was up 19.2% causing load factor to decline 0.4 percentage points to 73.3%, the lowest among the regions.”
According to IATA passenger report for January 2024, globally “the total demand, measured in revenue passenger kilometers (RPKs), was up 16.6%; total capacity, measured in available seat kilometers (ASK), was up 14.1%; and the load factor was 79.9% (+1.7pt)” ,while “international demand rose 20.8%; capacity was up 20.9% and the load factor remained at 79.7% (+0.0pt)” and “Domestic demand rose 10.4%; capacity was up 4.6% and the load factor was 80.2% (+4.2pt)”
Willie Walsh, IATA’s Director General said: “2024 is off to a strong start despite economic and geopolitical uncertainties. As governments look to build prosperity in their economies in the busiest election-year ever, it is critical that they see aviation as a catalyst for growth. Increased taxes and onerous regulation are a counterweight to prosperity. We will be looking to governments for policies that help aviation to reduce costs, improve efficiency and make progress towards net zero CO2 emissions by 2050.”
| Air passenger market in detail – January 2024 |
January 2024
(% year-on-year) |
World share1 |
RPK |
ASK |
PLF (%-pt) |
PLF (level) |
| Total Market |
100% |
16.6% |
14.1% |
1.7% |
79.9% |
| Africa |
2.1% |
18.1% |
19.9% |
-1.1% |
73.1% |
| Asia Pacific |
31.7% |
31.8% |
26.6% |
3.2% |
80.8% |
| Europe |
27.1% |
10.0% |
9.6% |
0.3% |
78.2% |
| Latin America |
5.5% |
9.9% |
5.5% |
3.4% |
85.0% |
| Middle East |
9.4% |
16.2% |
15.3% |
0.6% |
79.9% |
| North America |
24.2% |
6.0% |
4.1% |
1.5% |
79.9% |
|
|
| 1% of industry RPKs in 2023 |
| Air passenger market in detail – January 2024 |
January 2024
(% year-on-year) |
World share1 |
RPK |
ASK |
PLF (%-pt) |
|
| Total Market |
100% |
16.6% |
14.1% |
1.7% |
|
| International |
60.1% |
20.8% |
20.9% |
0.0% |
|
| Domestic |
39.9% |
10.4% |
4.6% |
4.2% |
|
January 2024
(% ch vs the same month in 2019) |
World share1 |
RPK |
ASK |
PLF (%-pt) |
PLF (level) |
| Total Market |
100% |
-0.4% |
-0.5% |
0.1% |
79.9% |
| International |
60.1% |
-4.3% |
-4.1% |
-0.2% |
79.7% |
| Domestic |
39.9% |
6.7% |
5.8% |
0.7% |
80.2% |
|
|
| 1% of industry RPKs in 2023 |
