Air traffic is booming: record numbers and challenges in the global flight market!

Air traffic is booming: record numbers and challenges in the global flight market!

With today's date of March 27, 2025, the FACC business report 2024 was published. Under the title "Unleash the potential", the aircraft supplier shows that sales in the previous year have reached record heights. Despite the full order books, the industry faces considerable challenges that are reflected in increasing prices for flight tickets. krone.at reports that the aviation industry recorded a record number of 4.9 billion passengers last year. The forecast for 2023 provides for persistent growth that is estimated at 5.2 billion passengers, which corresponds to an increase of 6.7 percent

A high growth potential for aviation is predicted, especially in regions such as Asia and India. For example, 42 new airports have been opened worldwide since 2019 and 160 new airlines have been introduced. Nevertheless, there are acute challenges regarding the availability of new, efficient aircraft that are increasingly in demand by the airlines.

recovery of air traffic

In the context of the recovery of air traffic after corona pandemic, it can be seen that Germany is in European comparison. In the first half of 2024, the air traffic offer in Europe reached 99 percent of the level of 2019. In Germany, however, this value was only 83 percent and shows an increase of only 10 percent compared to the first half of 2023. documented in detail.

Overall, European air traffic even reaches 102 percent compared to the pre-corona level if you give Germany on the outside, and shows an increase of 9 percent compared to the same period in the previous year. In order to catch up with the residues for the European average, German air traffic would have to show significantly stronger growth than in the rest of Europe. This development is also due to relocations within the fleets that have a significant impact on the air traffic.

global trends in aviation

A comprehensive analysis of the global aviation industry for 2023 using data from Lufthansa Group shows that passenger traffic recorded a significant increase. The worldwide paragraph, measured by the passenger kilometers sold, rose by an impressive 37 percent compared to the previous year. The airlines from the Asia/Pacific region alone had an increase of 96 percent, while European providers grew by 20 percent.

Compared to the 2019 values, the passenger kilometers sold were still 6 percent below the level. The average revenues in global passenger traffic rose by 6.2 percent, which is 11 percent above the pre -crisis level. Normalization is evident in the air freight market, but the emergence remained at a high level, although it decreased by 2 percent. The forecast net profits for the industry are $ 23 billion, with the highest profit for North America and an expected profit of $ 8 billion for Europe.

Development and growth in maintenance, repair and overhaul service market (MRO) also shows a positive trend, with growth from 10 percent to $ 92 billion in 2023. The demand for maintenance services has risen in accordance with the cancellation of the Corona restrictions in China and a strong demand in EMEA and America.