IATA Launches 2024 World Air Transport Statistics Report

 

Geneva – The International Air Transport Association (IATA) has released the latest edition of the World Air Transport Statistics (WATS) with comprehensive statistical data for 2024.  

Updated annually with data from over 240 international airlines, the WATS database provides a complete overview of airline metrics related to demand, supply, and performance. The report includes a detailed breakdown of scheduled passenger and cargo traffic demand, scheduled passenger and cargo capacity, overview of the global airline fleet, and top airport pairs.

The report also provides details on the financial health of the industry with in-depth information on operating costs and revenue, aircraft utilization and number of airline

Premium Classes Show Strong Growth

A key finding from this year’s report showed that international premium class travel—business and first class—grew by 11.8%, outpacing growth in global economy travel of 11.5%. The total number of international premium-class travelers in 2024 was 116.9 million (6% of total international passengers).

Leading the regions in terms of percentage growth was Asia Pacific with a year-on-year growth of 22.8% with 21 million premium passengers—although it was outpaced in growth by economy class passenger numbers, up 28.6% to 500.8 million. Growth in premium travel exceeded economy class travel in Europe, Latin America, Middle East and North America. Europe remained the largest market for international premium travel, with 39.3 million premium passengers while premium travelers as a percentage of all travelers were highest in the Middle East at 14.7%.

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