Global Air Passenger Demand Falls 2.2% in May on Middle East War

Global air passenger demand falls 2.2% in May on Middle East war

Global air passenger demand fell 2.2% in May as Middle East carriers posted a 28.4% drop on the impact of regional war. Find out how the decline eased from April and where European and Latin American airlines are posting record growth.

Global Air Travel Demand Dips; IATA Warns of Persistence of Middle East Challenges

Global air passenger demand fell by 2.2%, year-on-year, in May, latest monthly operational data from the International Air Transport Association (IATA) shows. The main driver was the fall-out effect from the Middle East conflict – consumer confidence, higher prices, lesser frequency – and IATA has warned that the challenges facing the industry due to the conflict are likely to persist for some time. Demand for international/overseas flights fell…

Air passenger demand falls 2.2% in May: IATA

The US also had a notable decline while most other markets achieved moderate growth

Global air travel demand declines 2.2 pc in May: IATA

Global passenger demand declined 2.2 pc year-on-year (YoY) in May, while excluding the Middle East, demand increased 0.7 pc. Global airline capacity fell 2.3 pc, while the passenger load factor reached a record 83.5 pc for May, up 0.1 percentage points from a year earlier, reflecting resilient travel demand despite geopolitical uncertainty and elevated fuel costs, according to the International Air Transport Association (IATA), a global aviation…