International Air Travel Demand & Load Factor Remained Strong In June

Image: IATA says airport safety measures need to be simplified and standardized. (Photo Credit: Wikipedia Commons)
Image: IATA says airport safety measures need to be simplified and standardized. (Photo Credit: Wikipedia Commons)
Bruce Parkinson
by Bruce Parkinson
Last updated: 4:25 PM ET, Thu August 1, 2024

Air Travel demand remains near all-time highs, with total international demand up 9.1% in June compared to June 2023. Total capacity was up 8.5% year-over-year, while the June load factor was a strong 85.0%.

According to the International Air Transport Association, international demand rose 12.3% compared to June 2023. Capacity was up 12.7% year-on-year and the load factor improved to 85.0%. 

IATA Director General Willie Walsh.

IATA Director General Willie Walsh. (Photo Credit: International Air Transport Association Media)

Domestic demand rose 4.3% compared to June 2023; capacity was up 2.1% year-on-year and the load factor was 85.0%. 

“Demand grew across all regions as the peak Northern summer travel season began in June. And with overall capacity growth lagging demand we saw a very strong average load factor of 85% achieved in both domestic and international operations,” said Willie Walsh, IATA’s Director General.

“Operating with such high load factors is both good and challenging. It makes it even more important for all the stakeholders to operate with equal levels of efficiency to minimize delays and get travellers to their destinations on schedule,” Walsh added.

North American carriers saw a 6.6% year-on-year increase in demand. Capacity increased 8.6% year-on-year, and the load factor was 88.7% (-1.6 ppt compared to June 2023), the highest among regions.

Asia-Pacific airlines, which were slower to emerge from pandemic restrictions, saw continued strong growth, with a 22.6% year-on-year increase in demand. Capacity increased 22.9% year-on-year and the load factor was 83.0% (-0.2ppt compared to June 2023).

“As the Olympic Games unfold in Paris there is pride across the aviation industry for its continuing role in supporting the Olympic story by bringing many of the athletes, fans, and officials together. It is a great reminder of how aviation transforms our very big world into a global community. We wish France every success as the host of the games and cheer all the athletes who will demonstrate the best of human endeavour over the next weeks,” said Walsh.

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