Air passenger capacity is lagging demand, resulting in high load factors globally.
African airlines experienced the largest improvement in load factor in June, rising to 77%, an increase of 7,4 percentage points over June 2023, Iata revealed in its June 2024 Air Passenger Market Analysis report.
African airlines’ passenger demand, measured in revenue passenger kilometres, saw a 16,9% y-o-y increase, while the global airline industry reported growth of 9,1%, with demand for international travel seeing an increase of 12,3% y-o-y.
However, global airlines’ total capacity, measured in available seat kilometres only rose by 8,5% y-o-y, while African airlines’ capacity growth remained low, with only 5,8% growth y-o-y.
