![Peach Aviation to Aggressively Expand into Southeast Asia with the Launch of Singapore Route Using A321LR: ‘Many More Candidates Available’ Peach Aviation to Aggressively Expand into Southeast Asia with the Launch of Singapore Route Using A321LR: ‘Many More Candidates Available’](https://www.traicy.com/wp-content/uploads/2024/09/DSC_4482.jpeg)
Peach Aviation to Aggressively Expand into Southeast Asia with the Launch of Singapore Route Using A321LR: ‘Many More Candidates Available’
The International Air Transport Association (IATA) announced that air transport volume in 2023 increased by 36.9% compared to the previous year. The volume reached 94.1% of the levels seen in 2019.
International air transport volume increased by 41.6% compared to the previous year, reaching 88.6% of 2019 levels. By region, the Asia-Pacific area saw the most significant growth compared to the previous year. The load factor was in the low 80 percent range, excluding Africa, with an overall load factor of 82.8%.
Domestic air transport volume increased by 30.4% compared to the previous year, reaching 103.9% of 2019 levels. China experienced a robust increase of 7.1% over 2019 levels. The only countries to record a decrease compared to 2019 were Australia (down 4.2%) and Japan (down 3.2%). The overall load factor was 82.8%.