Domestic demand increased by 4.3% compared to June 2023; capacity was up by 2.1% year-on-year and the load factor reached 85.0%, an increase of 1.7 percentage points compared to June 2023.
“Demand grew across all regions as the peak Northern summer travel season began in June," said Willie Walsh, IATA’s director general. "And with overall capacity growth lagging demand we saw a very strong average load factor of 85% achieved in both domestic and international operations." He added that operating with such high load factors is both beneficial and challenging, emphasizing the need for stakeholders to operate efficiently to minimize delays.
“As the Olympic Games unfold in Paris there is pride across the aviation industry for its continuing role in supporting the Olympic story by bringing many of the athletes, fans, and officials together," Walsh continued. "It is a great reminder of how aviation transforms our very big world into a global community."
Regional Breakdown - International Passenger Markets
All regions showed strong growth for international passenger markets in June 2024 compared to June 2023.
Asia-Pacific airlines’ growth remained robust, with a year-on-year increase in demand of 22.6%. Capacity increased by 22.9% year-on-year and the load factor was at 83%, a slight decrease of 0.2 percentage points compared to June 2023.
European carriers experienced a year-on-year increase in demand of 9.1%. Capacity increased by 9.8% year-on-year, and the load factor stood at 87.4%, down by only .6 percentage points from June last year.
Middle Eastern airlines saw a rise in demand by approximately10 percent from last years' figures.Capacity also went up proportionally close making it about nine-and-a-half percent while maintaining relatively similar numbers when it comes down measuring how full flights were reaching nearly eighty percent total occupancy rate which slightly improved point-one-points more than previous month statistics
North American carriers reported an uptick roughly around seven percent seeing corresponding capacity increment eight-and-a-half-percentage higher leading highest regional flight fullness rate standing below ninety-percent but dropped one-and-six-tenths-points comparably over past twelve months
Latin American airlines noted fifteen percent climb above prior periods.Corresponding matching increments were observed marginally surpassing demands resulting steady performance yielding consistently same high occupancy level approximating mid-eighties percentages mark despite fractional reductions
African airlines marked close seventeen-percent surge exceeding significant operational expansion nearing six-percent simultaneously showing best improvements overall registering seventy-seven-percentage achieving noteworthy advancement reaching seven-and-four-tenths-higher versus preceding benchmarks
Domestic Markets
Domestic demand showed solid growth across most key markets except Japan & Australia.Brazil demonstrated largest gains posting seven-and-six-tenths-increase while observed domestic ticket sales indicated slight dip negative-zero-point-nine indicating gradual return towards pre-pandemic trends
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