Strong Demand Recovery in January but Impacted by Omicron

The International Air Transport Association (IATA) announced that the recovery in air travel slowed for both domestic and international in January 2022 compared to December 2021, owing to the imposition of travel restrictions following the emergence of Omicron last November. Note: We are returning to year-on-year traffic comparisons, instead of comparisons with the 2019 period, […]

ACI World data reveals the turning point of the COVID-19 pandemic

Airports Council International (ACI) World reports that global passenger traffic declined by -55.9% year-over-year by the end of March as a result of the unfolding COVID-19 pandemic. This followed a drop of -10.7% in February. Global passenger traffic experienced an overall drop of -22.7% for the first quarter of 2020. The 12-month rolling average for […]

Strong Passenger Growth Trend Continues

The International Air Transport Association (IATA) announced global passenger traffic results for May showing that air travel continued to expand at a healthy rate. Growth was led by emerging markets. Compared to the year-ago period, overall demand rose 5.6%, while capacity climbed 5.2% pushing the load factor up 0.3 percentage points to 78.1%. "Global economic […]