According to the data recently published by the International Air Transport Association (IATA), there was a 10.7% increase in global passenger demand, measured in revenue passenger kilometers (RPKs), in May 2024, compared to May 2023. “Strong demand for travel continues with airlines posting a 10.7% year-on-year increase in travel for May. European carriers experienced an 11.7% year-on-year growth in demand, with capacity increasing by 11.3% year-on-year. African airlines saw a 14.1% year-on-year increase in demand. This was the fastest increase in load factor among all regions, although Africa still has the lowest load factor overall.
