New Delhi: India has been declared the world leader in passenger load factors (PLF) for domestic flights in 2024, reaching an impressive 86.4 per cent, according to the latest International Air Transport Association (IATA) report. The United States and China take positions two and three, respectively, with 84.1 per cent and 83.2 per cent. This report emphasises the rapid growth of India's aviation sector due to the rising demands of the travel sector and also its effective capacity management.
Indian Aviation Boom
According to the Directorate General of Civil Aviation (DGCA), India's domestic aviation sector carried an astonishing figure of 163 million passengers in 2024. Brazil stood fourth with PLF at 81.9%, followed closely by Australia at 81.8% and Japan at 78%. This shows how well the sector has recovered and how far domestic flights have in terms of demand across the globe.
Global Aviation Trends 2024
The IATA report indicates that international and domestic air travel demand reached their highest levels in 2024. Total worldwide air traffic increased by 10.4 per cent on a year-on-year basis in revenue passenger kilometers (RPKs). International traffic increased by 13.6 per cent, and total capacity increased in available seat kilometers (ASK) by 8.7 per cent. In 2024, the worldwide load factor reached an all-time high of 83.5, indicating gains in the operational efficacy of the airline. A particularly strong month was December 2024, with total demand increasing by 8.6 per cent y-o-y and a record load factor of 84 for that month.