May 07, 2024
According to the International Air Transport Association (IATA), March 2024 global passenger demand, measured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023.
Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023).
IATA notes international demand rose 18.9% compared to March 2023; capacity was up 18.8% year-on-year and the load factor improved to 81.6% (+0.1ppt on March 2023).
Domestic demand rose 6.6% compared to March 2023; capacity was up 3.4% year-on-year and the load factor was 82.6% (+2.5ppt compared to March 2023).
All regions showed strong growth for international passenger markets in March 2024 compared to March 2023.
Source: IATA