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Solid growth in passenger demand continues in October, says IATA

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Solid growth in passenger demand continues in October, says IATA

Passenger demand saw continued momentum in October 2024, according to the International Air Transport Association (IATA). 

Total passenger demand, measured in revenue passenger kilometres (RPK), was up 7.1% in October 2024, compared to the same month a year prior. In addition, total capacity - measured in available seat kilometres (ASK) was up 6.1%. October load factor was up 0.8 percentage point to 83.9%. 

“Continued strong and stable demand is good news, but just as important is the steady improvement in load factors,” said IATA director general Willie Walsh.

International demand was up 9.5% compared to October last year, while capacity was up 8.6%. International load factor was up 0.6 percentage point to 83.5%.

Domestic demand rose 3.5% and capacity was up 2%. Domestic load factor was up 1.2 percentage point to 84.5%.