Sri Lanka, May 6 -- Global passenger demand sees 13.8 percent growth in March - IATA

In March 2024, all regions experienced robust growth in international passenger markets compared to the same period in 2023.

However, load factor performance varied across regions, declining year-on-year (YoY) in three out of six regions.

Asia-Pacific

The Asia-Pacific airlines continued to lead the way, witnessing a remarkable 38.5 percent YoY surge in demand.

Capacity also saw a significant increase of 37.4 percent YoY, resulting in the region's highest load factor of 85.6 percent, up by 0.7 percent points from March 2023.

Europe

The European carriers saw a notable 11.6 percent YoY increase in demand, with capacity growing by 11.4 percent YoY.

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