Flights Increase by a Quarter Since 2022, with Capacity Now Over 90% of Pre-Pandemic Levels

IBA’s Aviation Industry Barometer for February 2023 also demonstrated:

• Monthly global passenger capacity reached 91% pre-pandemic ASKs in February 2023 - an improvement of +1% compared to January 2023.

• Carriers from North America, Latin America and Africa have already reached pre-pandemic ASKs.

• European and Middle East operators are on average currently trending at the global average at 91%, while Asia-Pacific operators have now reached 80% of 2019 ASKs.

• Overall, there were approximately 2.30 million commercial passenger flights in February 2023, compared to 2.47 million in January 2023, while85 million flights were recorded in February 2022.

• There were 74 commercial aircraft deliveries in February 2023, representing a month-on-month and year-on-year gain of 16% and 6% respectively.

• Only one Boeing 787 Dreamliner was delivered last month as the FAA halted deliveries for the aircraft on February 23^rd due to an “analysis error” that arose with the program. The issue has since been resolved, and 787 deliveries are expected to bounce back in March as Boeing works towards a delivery target of 70-80 Dreamliners in 2023.