IATA: Passenger Demand Up 8.6% in August: Load Factor Reaches Record High
The International Air Transport Association (IATA) released data for August 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.6% compared to August 2023. Total capacity, measured in available seat kilometers (ASK), was up 6.5% year-on-year. The August load factor was 86.2% (+1.6ppt compared to August […]