IATA reports continued strong air passenger growth in February

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported continued strong growth global air passenger demand in February, in year-on-year (y-o-y) terms. Total demand rose 21.5%, while international demand jumped 26.3% and domestic demand increased by 15%. Total capacity increased by 18.7%, also y-o-y, with international capacity growing by 25.5% and domestic capacity by 9.4%. The total load factor in February was 80.6%, with the international load factor being 79.3% and the domestic load factor reaching 82.6%. These were all y-o-y improvements, being increases of 1.9 percentage points (ppt) for the total, 0.5 ppt for the international, and 4.0 ppt for the domestic, load factors.