Indian domestic RPKs rose 23.2% compared to a year ago and have now exceeded pre-pandemic levels for seven consecutive months.
Japan’s domestic market was impacted by Typhoon Khanun which caused major air traffic disruptions in southern Japan. Domestic RPKs grew 8.7% year over year, down on the 13.4% growth recorded in the previous month. August 2023 (% ch vs the same month in 2019) | World share1 | RPK | ASK | PLF (%-pt)2 | PLF (level)3 |
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Total Market | 100.0% | -4.3% | -3.1% | -1.1% | 84.6% |
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International | 58.1% | -11.5% | -11.2% | -0.3% | 85.4% | Domestic | 41.9% | 9.2% | 12.1% | -2.2% | 83.5% |
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The Bottom Line“Heading into the last quarter of the year, the airline industry is nearly fully recovered to 2019 levels of demand. The focus, however, has not been on getting back to a specific number of passengers or flights, but rather on meeting the demand by businesses and individuals for connectivity that was artificially suppressed for more than two years. Having seen the economic, social, and personal losses when airlines could not fly during the COVID-19 crisis, this industry is determined to secure a sustainable long-term future by achieving net zero carbon emissions by 2050. That was clearly evident at the first IATA World Sustainability Symposium where discussions focused on how to decarbonize. We know that our customers want a world in which they can enjoy the freedom to travel sustainably. This inaugural World Sustainability Symposium was a critical step in aligning policy makers, the aviation value chain and airlines with the concrete steps needed to deliver. And we will measure progress when we meet again in a year’s time,” said Walsh.
View the August Air Passenger Market Analysis (pdf) |