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30/04/2024

IBA's Aviation Barometer 2024

IBA’s  Aviation Barometer highlights the key trends in global aviation industry as revealed by IBA Insight, the ultimate aviation intelligence platform.

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What happened in Q1 2024: January - March

  • Monthly global passenger capacity recovery remained above pre-pandemic ASKs across Q1 2024, with March-2024 ASKs at 103% vs 2019.

  • During March 2024, operator capacity from North America, Latin America, and Africa was trending between 110%-115% vs 2019, while ASKs from Europe, APAC and the Middle East were broadly at 2019 levels.

  • Overall, there were approximately 8.11 million commercial passenger flights during Q1-2024, a YoY increase of +10% compared to Q1-2023. International flight volumes grew +19% YoY, while domestic travel showed more modest growth at +6% YoY.

  • There were 252 commercial aircraft deliveries across Q1-2024, representing a variance of -7% and -27% to Q1-2023 and Q1-2018 respectively.

  • So far during 2024, Airbus A320neo deliveries have averaged 40/month, compared to Boeing's 737 MAX at 22/month.

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Our monthly Aviation Barometer is powered by IBA Insight, the ultimate aviation intelligence platform.

 

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