| March 2023 (% year-on-year) |
World share1 |
RPK |
ASK |
PLF (%-pt)2 |
PLF (level)3 |
| Total Market |
100.0% |
52.4% |
41.2% |
5.9% |
80.7% |
| Africa |
2.1% |
66.1% |
51.0% |
6.7% |
73.9% |
| Asia Pacific |
22.1% |
158.9% |
109.0% |
15.3% |
79.2% |
| Europe |
30.7% |
37.0% |
25.9% |
6.5% |
80.5% |
| Latin America |
6.4% |
19.9% |
19.8% |
0.1% |
81.2% |
| Middle East |
9.8% |
40.4% |
28.3% |
6.9% |
79.4% |
| North America |
28.9% |
16.9% |
15.9% |
0.7% |
83.7% |
|
| 1% of industry RPKs in 2022 2year-on-year change in load factor 3Load Factor Level |
International Passenger Markets
- Asia-Pacific airlines had a 283.1% increase in March 2023 traffic compared to March 2022, continuing the robust momentum since the lifting of travel restrictions in the region. Capacity rose 161.5% and the load factor increased 26.8 percentage points to 84.5%, the second highest among the regions.
- European carriers posted a 38.5% traffic rise versus March 2022. Capacity climbed 27.0%, and load factor rose 6.6 percentage points to 79.4%, which was the second lowest among the regions.
- Middle Eastern airlines saw a 43.1% traffic increase compared to March a year ago. Capacity climbed 30.5% and load factor pushed up 7.0 percentage points to 79.4%.
- North American carriers’ traffic climbed 51.6% in March 2023 versus the 2022 period. Capacity increased 34.0%, and load factor rose 9.8 percentage points to 84.8%, the highest among the regions.
- Latin American airlines had a 36.5% traffic increase compared to the same month in 2022. March capacity climbed 33.4% and load factor rose 1.9 percentage points to 82.8%.
- African airlines’ traffic rose 71.7% in March 2023 versus a year ago, the second highest among the regions. March capacity was up 56.2% and load factor climbed 6.5 percentage points to 72.2%, lowest among the regions.
|
|
Domestic Passenger Markets
|
| March 2023 (% year-on-year) |
World share1
?? |
RPK |
ASK |
PLF (%-pt)2 |
PLF (Level)3 |
| Domestic |
42.1% |
34.1% |
32.8% |
0.8% |
79.8% |
| Australia |
1.0% |
44.7% |
25.9% |
10.7% |
82.5% |
| Brazil |
1.5% |
8.0% |
8.7% |
-0.6% |
78.6% |
| China P.R. |
6.4% |
195.2% |
153.0% |
10.3% |
72.3% |
| India |
2.0% |
20.3% |
15.4% |
3.5% |
85.6% |
| Japan |
1.2% |
61.1% |
14.2% |
23.0% |
79.0% |
| US |
19.3% |
4.4% |
8.4% |
-3.2% |
82.9% |
|
|
|
|
|
1% of industry RPKs in 2022 2year-on-year change in load factor 3Load Factor Level
|
- Brazil’s domestic traffic rose 8.0% in March compared to a year ago and is now just fractionally below pre-pandemic levels.
- Indian airlines’ domestic demand climbed 20.3% in March and was 10.0% above the March 2019 levels.
| March 2023 (% year-on-year vs 2019) |
World share1 |
RPK |
ASK |
PLF (%-pt)2 |
PLF (level)3 |
| Total Market |
100.0% |
-12.0% |
-10.5% |
-1.4% |
80.7% |
| International |
57.9% |
-18.4% |
-18.8% |
0.4% |
81.3% |
| Domestic |
42.1% |
-1.1% |
4.1% |
-4.3% |
79.8% |
|
????
The Bottom Line
“As traveler expectations build towards the peak Northern Hemisphere summer travel season, airlines are doing their best to meet the desire and need to fly. Unfortunately, a lack of capacity means that some of those travelers may be disappointed. Part of this capacity shortfall is attributable to the widely reported labor shortages impacting many parts of the aviation value chain, as well as supply chain issues affecting the aircraft manufacturing sector that is resulting in aircraft delivery delays. However, a significant share of recent flight cancellations, primarily in Europe, are owing to job actions by air traffic controllers and others. These irresponsible actions resulted in thousands of unnecessary cancellations in March. This is unacceptable and should not be tolerated by the authorities,” concluded Walsh.
View the March Air Passenger Market Analysis (pdf) |
