IBA’s latest Aviation Industry Barometer reveals that passenger ASKs from Chinese operators were trending at 96% of 2019 levels in July 2023, a strong increase from 89% in June 2023.
IBA’s leading aviation intelligence platform, IBA Insight, further shows that in July:
Monthly global passenger capacity edges closer to a full recovery, reaching 97% of pre-pandemic ASKs in July 2023, a gain of +2% compared to June 2023.
In July, operators from Africa, North America, Latin America and the Middle East surpassed pre-pandemic capacity, while operators in APAC and Europe continue to lag slightly behind.
APAC operator capacity has now surpassed 90% of pre-pandemic levels, supported by a strong July within the Chinese market.
Assessing the current trend, IBA expects global passenger ASKs to surpass 2019 levels by October 2023.
In July 2023, there were approximately 04 million commercial passenger flights, compared to 2.82 million in June 2023, while 2.64 million flights were recorded in July 2022.
Chinese operators recorded 451k commercial passenger flights in July 2023, compared to 388k in June 2023 and 296k in June 2022.
There were 110 commercial aircraft deliveries in July 2023, representing a month-on-month and year-on-year variance of -24% and +34%
So far during 2023, Airbus A320neo deliveries have averaged 45 per month, compared to Boeing's 737 MAX at 35 per month.
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