IATA: Global Passenger Demand Goes Up 16.6% In January 2024, Matches Pre-Covid Levels Of 2019

According to the International Air Transport Association, they have observed a strong start in 2024 with a 16.6% growth in global passenger demand.

by Tashika Tyagi
IATA: Global Passenger Demand Goes Up 16.6% In January 2024, Matches Pre-Covid Levels Of 2019

As per the International Air Transport Association (IATA), global passenger demand will soon match the pre-COVID-19 levels of 2019. According to a report published by IATA, total demand in January 2024 was observed to be up 16.6% higher than in previous years. This indicated a strong start to the year and matched 99.6% of January 2019 levels!

IATA Observe A Strong Global Demand In January 2024

The International Air Transport Association (IATA) is a trade association that sets technical standards for airlines across the world. In the latest report by IATA, they observed that 2024 global passenger demand indicates a strong start for the year. In fact, it almost matched the 2019, pre-covid levels!

One of the key findings of this report shows a hike of 16.6% in global passenger demand. While demand on the international front was up by 20.8%, it was around 10.4% for the domestic carriers.

Willie Walsh, IATA’s Director General, shared his take on the report and said, “2024 is off to a strong start despite economic and geopolitical uncertainties. As governments look to build prosperity in their economies in the busiest election year ever, it is critical that they see aviation as a catalyst for growth. Increased taxes and onerous regulations are a counterweight to prosperity. We will be looking to governments for policies that help aviation to reduce costs, improve efficiency, and make progress towards net zero CO2 emissions by 2050.”

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Here’s A Breakdown Of International Air Demand In The Report

IATA report
Image Courtesy: Canva (Representative image)

As per the IATA report, Asia-Pacific airlines saw the largest increase in January traffic. They observed a 45.4% increase in January 2024 as compared to January 2023. European carriers’ saw a rise of 10.8% in demand this year as compared to January 2023. For Middle Eastern airlines, a 16.2% increase in demand was observed as compared to last year. North American carriers saw a 12.3% traffic rise in January 2024. Also, Latin American airlines and African airlines saw a traffic rise of 17.9% and 18.5%, respectively in January 2024, as compared to the previous year.

2024 surely is treating the aviation industry right! What do you think about these numbers? Fill us in in the comments!

Cover Image Courtesy: Canva (Representative image)

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