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Travel and Tourism Industry: Difference between revisions
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=== May 2023 === | === May 2023 === | ||
[[File:Screenshot 2023-08-03 115337.png|center|thumb|370x370px|<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref>]] | [[File:Screenshot 2023-08-03 115337.png|center|thumb|370x370px|<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref>]] | ||
The annual growth in industry-wide revenue passenger-kilometers (RPKs) was 39.1% in May. While this expansion was 6.7 percentage points (ppts) slower than the previous month, growth in global traffic continues to signal a resilient recovery momentum.<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref> | The annual growth in industry-wide revenue passenger-kilometers (RPKs) was 39.1% in May. While this expansion was 6.7 percentage points (ppts) slower than the previous month, growth in global traffic continues to signal a resilient recovery momentum.<ref>https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---may-2023/</ref><ref>https://www.iata.org/en/pressroom/2023-releases/2023-07-06-01/</ref> | ||
“We saw more good news in May. Planes were full, with the average load factors reaching 81.8%. Domestic markets reported growth on pre-pandemic levels. And, heading into the busy Northern summer travel season, international demand reached 90.8% of pre-pandemic levels,” said Willie Walsh, IATA’s Director General. | “We saw more good news in May. Planes were full, with the average load factors reaching 81.8%. Domestic markets reported growth on pre-pandemic levels. And, heading into the busy Northern summer travel season, international demand reached 90.8% of pre-pandemic levels,” said Willie Walsh, IATA’s Director General. | ||