According to the most recent international Air Transport Association (IATA) report, India's domestic flights had a passenger load factor of 86.4% in 2024, surpassing the united states and china, which rank second and third, respectively. According to data gathered by the nation's Directorate General of Civil Aviation (DGCA), India's rapidly expanding aviation industry transported 16.3 crore passengers on domestic flights in 2024.
 
According to the IATA study, india had the greatest passenger load factor of any domestic market, at 86.4%. The US and china had respective percentages of 84.1 and 83.2 percent. brazil came in at number four with a passenger load factor of 81.9 percent, closely followed by australia (81.8 percent) and japan (78 percent).

Full-year demand for passengers and load factors hit all-time highs both domestically and internationally.
 
2024 saw a 13.6 percent growth in international full-year traffic and a 12.8 percent increase in capacity.
 
In terms of revenue passenger kilometers, or RPKs, the total full-year traffic in 2024 increased by 10.4% over 2023.
 
This was a 3.8% increase above pre-pandemic (2019) values.
 
In 2024, the total capacity, expressed in available seat kilometers (ASK), increased by 8.7%.
 
According to the IATA data, the overall load factor hit 83.5%, which is a record for traffic over the whole year.
 
Additionally, it notes that december 2024 was a robust year-end, with capacity growing by 5.6% and overall demand increasing 8.6% year-over-year.
 
Both local and international demand increased by 5.5% and 10.6%, respectively.
 
In december, the load factor hit a record of 84% for the month.
 
People's desire to travel was made abundantly evident in 2024. Demand for travel increased by 10.4%, and both domestic and international travel hit all-time highs. airlines responded to such high demand with unprecedented efficiency.
 
Due in part to supply chain limitations that hindered capacity expansion, an average of 83.5% of all available seats were filled, setting a new record high.
 
"The growth of aviation has a ripple effect on economies and societies at all levels through jobs, market expansion, trade, innovation, exploration, and much more," stated Willie Walsh, director General of IATA.
 
"All signs point to the demand for travel continuing to rise in 2025, albeit at a slower rate of 8.0% that is more in line with historical trends.
 
"Some challenges are brought into sharp focus by the desire to enjoy the freedom that flying makes possible," he said.
 
 
 
For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

G GOWTHAM

31/01/2025 12:43 PM