Travel and Tourism Industry: Difference between revisions

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== IATA ==
* IATA (International Air Transport Association) represents some 300 airlines comprising 83% of global air traffic.
* All figures are provisional and represent total reporting at time of publication plus estimates for missing data. Historic figures are subject to revision.
* RPK: Revenue Passenger Kilometers measures actual passenger traffic
* ASK: Available Seat Kilometers measures available passenger capacity
* PLF: Passenger Load Factor is % of ASKs used.
=== May 2023 ===
[[File:Screenshot 2023-08-03 115337.png|center|thumb|370x370px|<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref>]]
The annual growth in industry-wide revenue passenger-kilometers (RPKs) was 39.1% in May. While this expansion was 6.7 percentage points (ppts) slower than the previous month, growth in global traffic continues to signal a resilient recovery momentum.<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref>
“We saw more good news in May. Planes were full, with the average load factors reaching 81.8%. Domestic markets reported growth on pre-pandemic levels. And, heading into the busy Northern summer travel season, international demand reached 90.8% of pre-pandemic levels,” said Willie Walsh, IATA’s Director General.
* Seasonally adjusted '''RPKs rose by 2.8% month-on-month''', maintaining the increasing traffic trend established in previous months (Chart 1).
* At 81.8%, '''May marked the first month that the global passenger load factor was fully restored to 2019 levels.''' Moreover, '''the available seat capacity recovered to 96.1% of pre-crisis levels,''' a 3.6 ppts climb compared to April and the highest recovery level achieved so far.
* The highest load factor was recorded by North American carriers at 86.3% in May. European and Latin American airlines followed, with 84.8% and 81.1% load factors, respectively (Chart 2).
==== Air passenger market in detail ====
{| class="wikitable"
!
!
! colspan="4" |May 2023 (%  year-on-year)
! colspan="4" |May  2023 (% ch vs the same month in 2019)
|-
!
!World
share
!RPK
!ASK
!PLF (%-pt)
!PLF (level)
!RPK
!ASK
!PLF (%-pt)
!PLF (level)
|-
|'''TOTAL MARKET'''
|'''100.0%'''
|'''39.1%'''
|'''35.0%'''
|'''2.4%'''
|'''81.8%'''
|'''-3.9%'''
|'''-3.9%'''
|'''0.0%'''
|'''81.8%'''
|-
|Africa
|2.1%
|38.6%
|36.7%
|0.9%
|69.9%
| -0.9%
| -3.9%
|2.1%
|69.9%
|-
|Asia Pacific
|22.1%
|130.4%
|109.5%
|7.0%
|77.3%
| -15.0%
| -11.7%
| -3.0%
|77.3%
|-
|Europe
|30.8%
|19.1%
|13.5%
|4.0%
|84.8%
| -1.9%
| -3.1%
|1.1%
|84.8%
|-
|Latin America
|6.4%
|16.2%
|16.5%
| -0.2%
|81.1%
| -0.4%
|2.2%
| -2.1%
|81.1%
|-
|Middle East
|9.8%
|30.1%
|23.8%
|3.9%
|79.9%
|16.2%
|6.3%
|6.8%
|79.9%
|-
|North America
|28.8%
|14.0%
|13.6%
|0.3%
|86.3%
|2.1%
|1.8%
|0.2%
|86.3%
|-
|'''International'''
|'''58.0%'''
|'''40.9%'''
|'''34.7%'''
|'''3.6%'''
|'''82.3%'''
|'''-9.2%'''
|'''-11.2%'''
|'''1.8%'''
|'''82.3%'''
|-
|'''Domestic'''
|'''42.0%'''
|'''36.4%'''
|'''35.3%'''
|'''0.6%'''
|'''81.0%'''
|'''5.3%'''
|'''9.4%'''
|'''-3.1%'''
|'''81.0%'''
|}
=== April 2023 ===
Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022. Globally, traffic is now at 90.5% of pre-Covid levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level.<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis-april-2023/</ref>
“April continued the strong traffic trend we saw in the 2023 first quarter. The easing of inflation and rising consumer confidence in most OECD countries combined with declining jet fuel prices, suggests sustained strong air travel demand and moderating cost pressures,” said Willie Walsh, IATA’s Director General.
* Industry-wide revenue passenger-kilometers (RPKs) increased 45.8% year-on-year (YoY) in April. '''While this growth rate was lower compared to the first quarter, it still indicated a positive trend.'''
* Adjusted for seasonality, '''RPKs rose by 0.9% in April over the previous month.''' The slowdown in month-on-month growth aligns with the lower annual growth rate, which can be attributed to the industry's progress towards reaching 2019 levels while building upon the higher base established in 2022
{| class="wikitable"
!
!
! colspan="4" |'''April 2023 (%  year-on-year)'''
! colspan="4" |'''April 2023 (% ch vs  the same month in 2019)'''
|-
!
!'''World'''    '''share'''
!'''RPK'''
!'''ASK'''
!'''PLF (%-pt)'''
!'''PLF (level)'''
!'''RPK'''
!'''ASK'''
!'''PLF (%-pt)'''
!'''PLF (level)'''
|-
|'''TOTAL MARKET'''
|'''100.0%'''
|'''45.8%'''
|'''39.7%'''
|'''3.4%'''
|'''81.3%'''
|'''-9.5%'''
|'''-7.5%'''
|'''-1.8%'''
|'''81.3%'''
|-
|Africa
|2.1%
|47.1%
|41.7%
|2.6%
|70.8%
| -16.2%
| -12.5%
| -3.1%
|70.8%
|-
|Asia Pacific
|22.1%
|170.8%
|135.1%
|10.3%
|78.4%
| -18.4%
| -14.7%
| -3.6%
|78.4%
|-
|Europe
|30.8%
|22.2%
|15.6%
|4.5%
|83.8%
| -7.8%
| -6.2%
| -1.4%
|83.8%
|-
|Latin America
|6.4%
|15.3%
|15.8%
| -0.4%
|81.4%
| -1.5%
| -0.6%
| -0.7%
|81.4%
|-
|Middle East
|9.8%
|36.8%
|26.4%
|5.8%
|76.0%
| -12.1%
| -7.0%
| -4.4%
|76.0%
|-
|North America
|28.8%
|13.9%
|13.8%
|0.1%
|85.6%
|2.1%
|1.2%
|0.8%
|85.6%
|-
|'''International'''
|'''58.0%'''
|'''48.0%'''
|'''38.1%'''
|'''5.5%'''
|'''81.4%'''
|'''-16.4%'''
|'''-15.1%'''
|'''-1.3%'''
|'''81.4%'''
|-
|'''Domestic'''
|'''42.0%'''
|'''42.6%'''
|'''42.1%'''
|'''0.3%'''
|'''81.1%'''
|'''2.9%'''
|'''6.3%'''
|'''-2.7%'''
|'''81.1%'''
|}


== World Tourism Organization ==
== World Tourism Organization ==