Travel Industry News at TravelNewsAsia.com since 1997
Thu, 1 February 2024

Global Airline RPK in 2023 Up 36.9% on 2022; International Traffic Up 41.6%

(01/02/24)  IATA has reported that total airline traffic in 2023, measured in revenue passenger kilometers (RPK), rose 36.9% compared to 2022. Globally, full-year 2023 traffic was at 94.1% of pre-pandemic (2019) levels.

December 2023 total traffic rose 25.3% compared to December 2022 and reached 97.5% of the December 2019 level, whilst fourth quarter traffic was at 98.2% of 2019, reflecting the strong recovery towards the end of the year.

International traffic in 2023 climbed 41.6% versus 2022 and reached 88.6% of 2019 levels. December 2023 international traffic climbed 24.2% on December 2022, reaching 94.7% of the level in December 2019, whilst Q4 traffic was at 94.5% of 2019.

Domestic traffic for 2023 rose 30.4% compared to the previous year. 2023 domestic traffic was 3.9% above the full year 2019 level. December 2023 domestic traffic was up 27% on December 2022 and was at 2.3% above December 2019 traffic. Fourth quarter traffic was 4.4% higher than the same quarter in 2019.

Thai Airways A320 at BKK in January 2024. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.
Thai Airways A320 at BKK in January 2024. Picture by Steven Howard of TravelNewsAsia.com

“The strong post-pandemic rebound continued in 2023. December traffic stood just 2.5% below 2019 levels, with a strong performance in Q4, teeing-up airlines for a return to normal growth patterns in 2024,” said Willie Walsh, IATA’s Director General. “The recovery in travel is good news. The restoration of connectivity is powering the global economy as people travel to do business, further their educations, take hard-earned vacations and much more. But to maximize the benefits of air travel in the post-pandemic world, governments need to take a strategic approach. That means providing cost-efficient infrastructure to meet demand, incentivizing Sustainable Aviation Fuel (SAF) production to meet our net zero carbon emission goal by 2050, and adopting regulations that deliver a clear cost-benefit. Completing the recovery must not be an excuse for governments to forget the critical role of aviation to increasing the prosperity and well-being of people and businesses the world over.”

Asia-Pacific airlines posted a 126.1% rise in full year international 2023 traffic compared to 2022, maintaining the strongest year-on-year rate among the regions. Capacity rose 101.8% and the load factor climbed 9 percentage points to 83.1%. December 2023 traffic rose 56.9% compared to December 2022.

European carriers’ full year traffic climbed 22% versus 2022. Capacity increased 17.5%, and load factor rose 3.1 percentage points to 83.8%. For December, demand climbed 13.6% compared to the same month in 2022. December traffic was higher than the corresponding month in 2019 for the first time since the start of the pandemic.

Middle Eastern airlines saw a 33.3% traffic rise in 2023 compared to 2022. Capacity increased 26% and load factor climbed 4.4 percentage points to 80.1%. December demand climbed 16.6% compared to the same month in 2022.

North American carriers reported a 28.3% annual traffic rise in 2023 compared to 2022. Capacity increased 22.4%, and load factor climbed 3.9 percentage points to 84.6%. December 2023 traffic rose 13.5% compared to the year-ago period.

Latin American airlines posted a 28.6% traffic rise in 2023 over full year 2022. Annual capacity climbed 25.4% and load factor increased 2.1 percentage points to 84.7%, the highest among the regions. December demand climbed 26.5% compared to December 2022.

African airlines’ annual traffic rose 38.7% in 2023 versus the prior year. Full year 2023 capacity was up 38.3% and load factor climbed 0.2 percentage points to 71.9%, the lowest among regions. December 2023 traffic for African airlines rose 9.5% over December 2022.

China’s full year domestic traffic rose 138.8% versus 2022, and is now 7.1% above the 2019 level.

Australia (-4.2% compared to 2019) and Japan (-3.2% compared to 2019) are the only major domestic markets yet to recover pre-pandemic traffic demand.

“Our push to connect our world even more strongly than before the pandemic must not come at the expense of our environment. The industry’s goal to reach net zero CO2 emissions by 2050 remains steadfast. To accelerate the transition, we need governments and fuel suppliers to step up and do more,” said Walsh. “We saw a strong increase in the use of SAF in 2023, but SAF is still only 3% of all global renewable fuels production. That is unacceptable. Aircraft have no option but to rely on liquid fuels, whereas other transport modes have alternatives. A massive collective effort is needed to increase SAF output as a proportion of overall renewable fuel production as quickly as possible.”

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