Tag Archives: 9.7%

According to the latest data shared by IATA, Middle Eastern airlines saw a 9.7% year-on-year increase in demand. Capacity increased 9.0% year-on-year and the load factor increased 0.5ppt to 80.7% compared to May 2023. Asian routes to the Middle East are particularly strong, now standing some 32% higher than in 2019. Another notable development is the Europe-Middle East route, which saw an April-May RPK increase for two years in a row, reversing the previous historic pattern of a decline between these months. In the coming months, it will become clearer to what extent these trends could be related to the Russia-Ukraine war.   Air passenger market in detail – May 2024     May 2024 (% year-on-year) World share1 RPK ASK PLF (%-pt) PLF (level) Total Market 100% 10.7% 8.5% 1.7% 83.4% Africa 2.1% 13.4% 8.5% 3.2% 72.9% Asia Pacific 31.7% 14.9% 9.2% 4.0% 81.8% Europe 27.1% 10.3% 9.7% 0.4% 85.2% Latin America 5.5% 7.9% 5.3% 2.0% 83.4% Middle East 9.4% 10.2% 8.9% 0.9% 80.8% North America 24.2% 6.5% 6.5% 0.0% 85.8%   1% of industry RPKs in 2023  

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