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.
New Zealand’s biggest airport delayed the reopening of its international terminal Saturday because “critical components” of the infrastructure were damaged by severe flooding after a sudden summer storm.View Article
Italy initiated talks with Deutsche Lufthansa AG to sell a minority stake of ITA Airways, the successor of Alitalia SpA, in a move that may kick off aviation industry consolidation…View Article
The head of Alaska Airlines says Silicon Valley technology companies have “turned off” their business travel, and it could be as much as another year before they start booking trips…View Article
Naoise Connolly Ryan told a Texas judge she’s refused any of the $500 million Boeing Co. was required to set aside to compensate families of 737 Max crash victims under…View Article
Auckland Airport said it would halt domestic and international flights until noon on Saturday after New Zealand’s biggest city was hit by incessant rain that flooded the terminal buildings.View Article
Industry updates and weekly newsletter direct to your inbox!