Corporate Travel Analysis Reports

The International Air Transport Association (IATA), has brought leaders of the global aviation industry together in Istanbul, Türkiye, for the 79th IATA Annual General Meeting (AGM) and World Air Transport Summit.

IATA has announced continued strong passenger traffic demand in Apr-2023. Total traffic in the month (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to Apr-2022. Globally, traffic is now at 90.5% of pre-COVID levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level.

New research has emphasised the recovery performance of the corporate travel sector following the chaos caused by the COVID-19 pandemic over the past three years.

The results of the latest Business Impact Survey from Advantage Travel Partnership, the UK's largest consortium of independent travel agents, reveals members are seeing increased levels of business travel despite rising airfares and hotel costs, and notably also a rise in approaches from previously 'unmanaged' corporate travel teams.

Each week, CAPA - Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here's some of the reports published over the past week.

International airline capacity in the Asia-Pacific market is continuing its upward momentum as it gradually closes the gap with the other major global regions that recovered sooner.

Asia-Pacific international seat capacity is still well below pre-pandemic levels, but is nevertheless rising during its rebound year. While the increase is significant, it would no doubt have been steeper without some of the growth constraints confronting the airline industry.

Demand has roared back, and many airlines have struggled to keep pace in terms of seat supply as they seek to return the remainder of their parked aircraft to service and obtain additional aircraft. Supply chain bottlenecks have not helped the situation either.

But overall the trend is encouraging, and the data points from CAPA and OAG in this analysis provide a snapshot of the recovery dynamics in the Asia-Pacific region.

After a slow start to 2022, traffic at European airports bounced back strongly through the year thanks to a strong northern summer travel period.

At European airports, total passenger throughput nearly doubled in 2022. This occurred despite the nearly unprecedented operational issues experienced through the peak summer travel months (and again at the start of the northern winter period), along with near record oil prices, a war in Eastern Europe, and an uncertain economic outlook denting consumer confidence.

According to ACI Europe, total traffic through its European member airports finished 21% below prepandemic levels. Encouragingly, passenger volumes in Dec-2022 were around 86% of Dec-2019 levels. As of Jan-2023, 42% of European airports had returned to pre-pandemic traffic volumes. The outlook for the full year is for traffic at somewhere around 90% of pre-pandemic levels.

Each week, CAPA - Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here's some of the reports published over the past week.

Each week, CAPA - Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here's some of the reports published over the past week.

CTC - Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.

Asia Pacific airlines have a collective 4,440 commercial aircraft on order.

Of this, just short of 2500 are concentrated on the books of 10 airlines.

The majority of these are for narrowbodies, with particularly large backlogs in place with short-haul operators in Southeast Asia and South Asia.

Each week, CAPA - Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here's some of the reports published over the past week.