Air Freight News

IBA insights show Latin America continues to lead global air capacity recovery

Dec 07, 2022

IBA, the leading aviation market intelligence and consultancy company, has today published its monthly Aviation Industry Barometer for October 2022, highlighting that Latin America continues to lead global capacity recovery, offering 99% of 2019 level Available Seat Kilometres (ASKs) during October 2022.

Using data from IBA’s Insight intelligence platform, the Aviation Industry Barometer for October 2022 reveals that:

• Overall, there were approximately 2.41 million commercial passenger flights in October 2022, compared to 2.42 million in September 2022, while 2.17 million flights were recorded in October 2021.

• The recovery in monthly global passenger capacity was stable in October 2022, with flight capacity at 79% relative to pre-pandemic levels, the same level observed in September 2022.

• Asia Pacific flight capacity recovery remained low during October due to remaining travel restrictions across China. However, the capacity recovery across other Asia Pacific jurisdictions has been improving steadily.

• Latin America is leading global capacity recovery. The region offered 99% of 2019 level ASKs during October 2022, followed by North America at 93% of 2019 level ASKs.

• There were 100 commercial aircraft deliveries in October 2022, representing a month-on-month variance of -14% compared to September 2022, and a year-on-year gain of 61% compared to October 2021.

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