IBA’s latest Aviation Industry Barometer revealed that the airline industry’s global passenger capacity is significantly ahead of pre-pandemic levels with Q3 2024 available seat kilometres (ASKs) at 105% of those in Q3 2019. Year on year, global capacity continues to increase, with ASKs in Q3 2024 6.9% ahead of Q3 2023.
The highest growth came from the Asia Pacific region, where ASKs have grown 10.9% year on year, particularly in international capacity.
Data from IBA’s leading aviation intelligence platform, IBA Insight, further showed that in the third quarter of 2024:
Thomas Dorsey, founder of Dorsey, Wright & Associates (DWA), has joined the company as a minority shareholder. Dorsey's investment signifies a major boost to Pelican's efforts to expand its footprint…
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