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Home Business Travel

Airlines Continue Post-COVID Recovery as Travel Traffic Reaches 99% of 2019 Levels

Reporter: TOBI ADETUNJI

by Techeconomy
January 10, 2024
in Travel
1
Aircraft, Air travel traffic, African Airlines, IATA, Lagos Airport, MMIA, MMA - Photo by Techeconomy, Covid-19
MMA, Lagos

MMA, Lagos

UBA
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The Global Air travel traffic performance was reported to have reached 99% of what was obtainable in 2019.

An official release from the Geneva based, International Air Transport Association (IATA) noted that the total traffic in November 2023 (measured in revenue passenger kilometres or RPKs) rose 29.7% compared to November 2022.

Globally, traffic is now at 99.1% of November 2019 levels.

In comparative terms, the international traffic rose 26.4% versus November 2022. The Asia-Pacific region continued to report the strongest year-over-year results (+63.8%) with all regions showing improvement compared to the prior year. November 2023 international RPKs reached 94.5% of November 2019 levels.

But the domestic traffic for November 2023 was up 34.8% compared to November 2022. Total November 2023 domestic traffic was 6.7% above the November 2019 level.

Growth was particularly strong in China (+272%) as it recovered from the COVID travel restrictions that were still in place a year ago, for the US domestic travel, benefitting from strong Thanksgiving holidays demand, reached a new high, expanding +9.1% over November 2019.

But the US domestic travel, benefitted from strong Thanksgiving holidays demand, reached a new high, expanding +9.1% over November 2019.

Also, of note to underscore is the fact that, the African airlines had a 22.1% rise in November RPKs versus what was applicable in a year ago.

November 2023 capacity was up 29.6% and load factor fell 4.3 percentage points to 69.7%, the lowest among regions.

Commenting on the development, Willie Walsh, IATA’s director general, noted that the economic headwinds are not deterring people from taking to the skies.

His words,

“We are moving ever closer to surpassing the 2019 peak year for air travel. Economic headwinds are not deterring people from taking to the skies. International travel remains 5.5% below pre-pandemic levels but that gap is rapidly closing. And domestic markets have been above their pre-pandemic levels continuously since April,”

He stressed further that, “Aviation’s rapid recovery from COVID demonstrates just how important flying is to people and to businesses. In parallel to aviation’s recovery, governments recognized the urgency of transitioning from jet fuel to Sustainable Aviation Fuel (SAF) for aviation’s decarbonization.

Noting that, the Third Conference on Aviation Alternative Fuels (CAAF/3) in November saw governments agree that we should see 5% carbon savings by 2030 from SAF.

This was followed up at COP28 in December where governments agreed that we need a broad transition from fossil fuels to avoid the worst effects of climate change.

Airlines don’t need convincing. They agreed to achieve net zero carbon emissions by 2050 and every drop of SAF ever made in that effort has been bought and used. There simply is not enough SAF being produced. So, we look to 2024 to be the year when governments follow-up on their own declarations and finally deliver comprehensive policy measures to incentivize the rapid scaling-up of SAF production,” said Walsh.

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