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Passenger demand rebounds sharply in first quarter of 2023
Global passenger traffic ended the first quarter of 2023 on a strong note, with revenue passenger-kilometers (RPKs) increasing by 58.3% year-on-year. This growth recovered global RPKs to 85.9% of pre-pandemic levels, signaling a significant improvement from the previous year.
- Chart of the Week
Cargo load factors on major route areas outperform industry average
Industry-level air cargo load factors (CLFs) have been trending downward since the spring of 2021 due to softening air cargo demand and the recovery of belly-hold cargo capacity on passenger flights
- Chart of the Week
International air connectivity closing in on pre-COVID levels
Chart of the Week
- Chart of the Week
Airfares recover amid soaring jet fuel costs and inflation
There has been much media coverage of the perceived acceleration in air ticket prices compared to the general rise in consumer price inflation (CPI). Here we provide some perspective on these evolutions.
- Chart of the Week
Premium class air travel recovers ahead of total traffic
While premium traffic has recovered faster than total passengers, recovery remains uneven across regions.
- Chart of the Week
Strikes in France create significant disruption to air travel
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- Chart of the Week
Parked aircraft returning to service support global recovery
Airlines have shifted their airline assets back into service, in line with the increase in air passenger demand.
- Chart of the Week
Assessing recent US banking turmoil
The banking unrest that began in the United States earlier this month has raised concerns about the stability of global financial markets
- Chart of the Week
International air travel to China picks up but remains restricted.
Although international traffic picked up in January, the full recovery timeline forChina’sinternational air passengers remainsuncertain due to various constraints.
- Chart of the Week
Uneven recovery trends in air cargo traffic and capacity
In 2022, the shares of international cargo tonne kilometers (CTKs) flown by dedicated freighters and passenger aircraft had still not returned to their balanced pre-crisis proportions.
- Chart of the Week