November 2022, Virtual
21 November 2022, Hilton London Metropole
November 2022, Virtual
Global airline traffic was just under 75 per cent of pre-Covid levels in July as the “strong recovery” continued, despite some major airports having to impose capacity cuts due to a lack of staff.
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The latest figures from the International Air Transport Association (IATA) found that international traffic rose by 150.6 per cent in July compared with the same month in 2021.
In Europe, airlines recorded a year-on-year traffic increase of 116 per cent in July on the back of a capacity rise of 64 per cent. Load factor climbed by more than 20 percentage points to 86.7 per cent, the second highest among all global regions – only North America had a higher load factor at 88 per cent during the month.
Willie Walsh, IATA’s director general, said: “July’s performance continued to be strong, with some markets approaching pre-Covid levels, and that is even with capacity constraints in parts of the world that were unprepared for the speed at which people returned to travel.
“There is still more ground to recover, but this is an excellent sign as we head into the traditionally slower autumn and winter quarters in the Northern Hemisphere.
“Aviation continues to recover as people take advantage of their restored freedom to travel. The pandemic showed that aviation is not a luxury but a necessity in our globalised and interconnected world.”
Meanwhile, airfares analyst Skytra has found that ticket prices in Europe are now “back in line with pre-pandemic seasonal norms”.
“In Europe, we saw prices dip at the end of August, however, these now appear to be gradually rising again,” said Elise Weber, Skytra’s co-founder and CEO. “This upwards trend is something we would expect to continue until mid-October – likely as a result of the October half-term holiday season.”
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