#AviationMarket

[atom-aviation32]

Global Passenger Demand Reached Record High In 2024: IATA

The International Air Transport Association (IATA) reported that in 2024, global air travel demand hit an all-time high, even exceeding 2019 levels.

Record-Breaking Growth

According to IATA, passenger travel in 2024 increased by 10.4% compared to 2023 and was 3.8% higher than in 2019.

This surge in air travel highlights the industry's strong recovery and growing passenger demand worldwide.

US continues to dominate domestic markets

The US domestic aviation market kept growing in 2024, holding a 14.4% share of total passenger traffic. Demand for flights increased by 3.7%, while available seats grew by 3.3%. Planes were fuller, with the average occupancy rising to 84.1%.

Meanwhile, Japan’s domestic market had the lowest occupancy among major markets, averaging 78%. Even though seat availability dropped slightly by 0.3%, demand for flights still grew by 3.2% in 2024.

China, the world's second-largest domestic aviation market, saw a big jump in passenger demand, with a 12.3% increase in RPKs (Revenue Passenger Kilometres), even though airlines only added 3.1% more seats compared to last year. As a result, planes were 83.2% full on average, with load factors rising 6.8% past 80% compared to 2023.

On the international side, North America saw a 14.4% increase in air travel demand, with airlines expanding capacity by 14.3% year-over-year. However, the average load factor slightly dropped by 0.1% to 84.8%.

Travel Demand Will Keep Growing

Willie Walsh, the director general of IATA, shared that 2024 proved people love to travel, with both domestic and international flights reaching record numbers.

Airlines operated efficiently, filling 83.5% of available seats, the highest ever recorded. This was partly due to supply chain issues that slowed down capacity expansion.

Walsh highlighted that aviation growth benefits society and the economy by creating jobs, boosting trade, and encouraging exploration.

Looking ahead to 2025, travel demand will keep increasing, though at a steadier pace of 8%, which aligns with past trends. While flying offers freedom and opportunities, it also brings challenges that need attention.

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[topcrewaviation]

✈️ Aviation News India .

India Becomes Third-Largest Domestic Aviation Market.

🚀India has soared to new heights, becoming the third-largest domestic aviation market in the world.

🚀🌍This remarkable achievement reflects the rapid growth and development of the Indian aviation sector. Here's to more milestones and sky-high success.

[sophiareddy123]

The India Aviation Market is segmented by Aircraft Type ( Commercial Aviation, General Aviation, Military Aviation )

[sagittariusagency]

Elevate your airline's digital presence with cutting-edge SEO strategies! Did you know that SEO leads have a significant 14.6% close rate? Dive into our latest blog to uncover the secrets of successful SEO for airlines and take your marketing to new heights. #AviationMarketing #SEOFacts

[imperialvox]

Boeing 737-8LD and 737-800 (2016) aircraft for sale. “Off market” More information

Email: blockshopz@gmail.com

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[mordorintelligenceresearch]

In the United States defense budget for 2022, the Airforce has been allocated USD 156.3 billion. In the defense sector, the United States is expected to deliver steady growth over the next decade as it is planning to replace its aging fighter jets with advanced jets. The US Marine Corps has plans to procure about 340 F-35B and 80 F-35C models that can replace the AV-8B Harrier II and the aging F/A-18 Hornet jets. The country is also modernizing its transport aircraft fleet.

Read more such pathbreaking updates on

[luxurydistrict]

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[aerospaceanddefense]

The augmented and virtual reality market in aviation is projected to grow from $78 million in 2019 to $1,372 million by 2025, at a CAGR of 61.2% during the forecast period.

[flyingrobotsmarketing-blog]

Would you prefer reading the impeachment or your drone business... check out our new blog post for growing in 2018 #impeachtrump #itsfriday #minsetmotivation #flyingrobotsmarketing #dronemarketing #aviationmarketing #uavmarketing #marketing #workflow #dronefan #businessowner #business #thoughtfultuesday #onedayatatime (at Maryland)

[redspan-blog]

Ben Lovegrove Aviation Marketing For Commercial & General Aviation, Dron...

[jffc-in-blog]

Air India records 20% growth in revenue

http://bit.ly/2KhaFSn # PradeepSinghKharola, #AirIndia, #AirIndiaDivestment, #AirIndiaPrivatisation, #AirIndiaRevenue, #AviationMarket, #AviationSector, #Revenue

[sophiareddy123]

The Europe Military Aviation Market is segmented by Sub Aircraft Type ( Fixed-Wing Aircraft, Rotorcraft ) and by Country ( France, Germany, Italy, Netherlands, Russia, Spain, UK )

[sophiareddy123]

The UK Aviation Market is segmented by Aircraft Type ( Commercial Aviation, General Aviation, Military Aviation )

[luxurydistrict]

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[aerospaceanddefense]

The augmented and virtual reality market in aviation is projected to grow from $78 million in 2019 to $1,372 million by 2025, at a CAGR of 61.2% during the forecast period.

[flyingrobotsmarketing-blog]

Are you running marketing ads, your competition sure is. It's hard work being an #entreprenuer #minsetmotivation #flyingrobotsmarketing #dronemarketing #aviationmarketing #uavmarketing #marketing #workflow #dronefan #businessowner #business #thoughtfultuesday #onedayatatime (at Maryland)