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Passenger Demand Up 13.8% in March

  • Written by: iPMI Global
  • Category: Travel News

In this iPMI Global travel news article, we look at data from IATA for March 2024 global passenger demand.

Total demandmeasured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023).

Passenger Demand Up 21.5% in February

  • Written by: iPMI Global
  • Category: Travel News

The International Air Transport Association (IATA) released data for February 2024 global passenger demand with the following highlights:

Total demand, measured in revenue passenger kilometers (RPKs), was up 21.5% compared to February 2023. Total capacity, measured in available seat kilometers (ASK), was up 18.7% year-on-year. The February load factor was 80.6% (+1.9ppt compared to February 2023).

Travel & Tourism Set to Break All Records In 2024

  • Written by: iPMI Global
  • Category: Travel News

The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. 

European Tourism Draws Close to Pre-Pandemic Levels in 2023

  • Written by: iPMI Global
  • Category: Travel News
  • Foreign tourist arrivals to Europe were 1.6% below 2019 figures in the final quarter of 2023.
  • Inflationary pressures did not deter travel enthusiasm last year, despite significant increases in costs across the aviation and accommodation sectors.
  • Chinese arrivals to Europe displayed a moderate recovery in 2023, standing at 67% below 2019 levels.

IMG Releases Annual Travel Outlook Survey Results for 2024

  • Written by: iPMI Global
  • Category: Travel News

IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, has released the results of its annual Travel Outlook Survey that asked IMG customers about their 2024 travel plans.

IMG Shares Top Fall Destinations 2023

  • Written by: iPMI Global
  • Category: Travel News

IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, has conducted a review of fall 2023 customer travel plans and predicts the top 5 international destinations for travelers this fall will be: 

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