China 2024-05-15T05:11:26+03:00
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ICAO forecasts rapid recovery of air travel in 2023

ICAO forecasts rapid recovery of air travel in 2023

ICAO, aviation, China, statistics, transport, PRC, Air passenger demand
A C919 large passenger aircraft, China's first homegrown large jetliner, at Hongqiao International Airport in east China's Shanghai. Photo by Xinhua/Ding Ting.
A C919 large passenger aircraft, China's first homegrown large jetliner, at Hongqiao International Airport in east China's Shanghai. Photo by Xinhua/Ding Ting.
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Air passenger demand will rapidly recover to pre-pandemic levels on most routes by the first quarter of 2023 and is expected to exceed 2019 levels by around 3% by the end of the year, the International Civil Aviation Organization (ICAO) said. This was reported by The Xinhua News Agency.

"The air passenger forecasts ICAO is announcing today build on the strong momentum toward recovery in 2022, as previously assessed by ICAO statistical analysis", the organization's Secretary General Juan Carlos Salazar said.

According to the ICAO, the number of air passengers carried in 2022 increased by an estimated 47% compared to 2021. Total traffic (measured in revenue passenger kilometers or RPKs) increased by around 70% over the same period, due mainly to the rapid recovery of most international routes.

In 2022, aircraft orders and deliveries by major manufacturers Airbus and Boeing grew by 53% and 20%, respectively, compared to the previous year. "The number of orders in 2022 exceeded that seen since 2019, indicating the recovery of aircraft demand".

Looking further ahead, the ICAO said that airlines are expected to return to operating profitability in the last quarter of 2023 after three consecutive years of losses.

"Air passenger demand in 2024 is expected to be stronger, at around 4% higher than 2019", it said.

The ICAO is a United Nations agency, which helps 193 countries to cooperate and share their skies to mutual benefit.



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