European Air Fares Rising Slower than Inflation

Amsterdam – The International Air Transport Association (IATA) released data showing that travelers in Europe are benefiting from air fares that are undercutting inflation, as the market continues its post-COVID recovery.   Latest traffic figures show that European carriers sit just 3.6% down on the 2019 peak. Europeans are traveling despite the inflationary environment: In June, average … Read more

Zurich Airport Key Traffic figures September 2023

2,818,696 passengers were handled at Zurich Airport in September (+21.3% vs. previous year). The number of local passengers increased by 19.3% and transfer passengers increased by 26.3%. The transfer rate, which was at 29.2% last September, is at 30.4% in the month under review. Passenger numbers were 97.6% of the 2019 level.  read more….https://www.flughafen-zuerich.ch/newsroom/en/key-figures-september-2023e/

Passenger Demand Recovery Continues in August

Geneva – The International Air Transport Association (IATA) announced that the strong post-pandemic passenger traffic trend continued in August.  •    Total traffic in August 2023 (measured in revenue passenger kilometers or RPKs) rose 28.4% compared to August 2022. Globally, traffic is now at 95.7% of pre-COVID levels. •    Domestic traffic for August rose 25.4% versus August 2022 and was … Read more

IATA Market Analysis July 2023

Air Passenger Robust growth in domestic RPKs bolsters global recovery Air Cargo Air cargo maintains recovery momentum despite headwinds Read more… https://go.updates.iata.org/webmail/123902/1593987744/221d7ebc3f1ee6bc107cfd68e20df831e51a57b600c5b807e5941c46823ece3d