Image: Getty Images
The International Air Transport Association (IATA) has released data reflecting a robust increase in global passenger demand for March.
Total demand, measured in revenue passenger kilometers (RPKs), surged by 13.8 per cent compared to March 2023.
Total capacity, measured in available seat kilometers (ASK), rose by 12.3 per cent year-on-year.
The March load factor reached 82 per cent, marking a notable 1.0 percentage point increase compared to the same period last year.
Read: Global airlines poised for 2.7% jump in profit in 2024, says IATA
Passenger demand: Regional breakdown stats from IATA
Middle Eastern airlines saw a 10.8 per cent year-on-year increase in demand. The load factor fell to 77.5 per cent compared to March 2023.
Demand for air travel in the Asia-Pacific region witnessed an impressive 38.5 per cent year-on-year increase.
Capacity also rose by 37.4 per cent, with the load factor reaching 85.6 per cent, the highest among all regions.
European…