Asia Pacific flight capacity lags behind global recovery despite annual growth, IBA Insights show

IBA, a leading aviation market intelligence and consultancy company, has published its monthly Aviation Industry Barometer for July 2022, showing that whilst Asia-Pacific lags behind, it does show healthy signals with a 20% growth year-on-year. Intelligence from IBA Insight indicates that the recovery in monthly global passenger flights grew by 3% in July 2022 compared to June 2022, with flight capacity now at 83% relative to pre-pandemic levels. IBA’s Aviation Industry Barometer for July 2022 also reveals that:  

Overall, there were approximately 2.64 million commercial passenger flights in July 2022compared to2.41 million in June 2022 and 2.14 million in July 2021.

There were 79 commercial aircraft deliveries in July 2022, representing a month-on-month decrease of 35% compared to June 2022, and a year-on-year gain of 4% compared to July 2021.

Deliveries in the narrow-body category were led by the A320neo family, while the A350 led deliveries in the wide-body segment.

Freighter deliveries remain exclusive to Boeing, with three aircraft delivered in July – one 777F and two 767-300F aircraft to a mixture of operators.

Latin America is leading global recovery and has been surpassing pre-pandemic capacity levels since May this year.

Flight capacity in the Middle East, Europe and North America are all trending at +85% compared to pre-pandemic levels

Asia Pacific flight capacity continues to lag, although the region is starting to show healthy signals with +20% year-on-year growth as restrictions relax further. Global international travel grew by 10% month-on-month for July 2022.

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