Asia Pacific flight capacity lags behind global recovery

IBA 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 2.64m commercial passenger flights in July 2022 compared to 2.41m in June 2022 and 2.14m 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 narrowbody category were led by the A320neo family, while the A350 led deliveries in the widebody 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 capacitylevels 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.<br/>