by Seth BUTERA May 7, 2021
New data from the International Air Transport Association (IATA) suggests that while air travel numbers are still down, they are bouncing back.
IATA officials revealed a 67.2 percent decline in global air traffic in March, compared to the same month in 2019. The March totals were an improvement from February’s 74.9 percent decline compared to February 2019.
“The positive momentum we saw in some key domestic markets in March is an indication of the strong recovery we are anticipating in international markets as travel restrictions are lifted,” IATA director general Willie Walsh said. “People want and need to fly. And we can be optimistic that they will do so when restrictions are removed.”
From a global perspective, capacity dropped 56.8 percent and load factor dropped 19.7 percentage points to 62.3 percent. Domestic capacity fell 20.5 percent, while load factor dropped 12.5 percentage points to 71.6 percent.