IATA announces continued momentum in air travel recovery
The International Air Transport Association (IATA) announced passenger data for August 2022 that showed continued momentum in air travel recovery in a release last week.
“The Northern Hemisphere peak summer travel season finished on a high note,” said Willie Walsh, IATA’s Director General. “Considering the prevailing economic uncertainties, travel demand is progressing well.”
International traffic rose more than 115 percent from last year’s report with airlines in Asia having the strongest year-over-year growth rates. Globally, the release said, traffic is now at 73.7 percent of pre-pandemic levels.
Other highlights included the capacity on European carriers rising 48 percent and traffic on Middle Eastern airlines rising by almost 145 percent compared to the previous period.
Last week marked a year since the IATA AGM made the decision to achieve net zero carbon emissions by 2050. “Aviation is committed to decarbonizing by 2050, in line with the Paris agreement. And the energy transition required to achieve this must be supported by government policies,” said Walsh.
