Passenger demand growth slows slightly in February
- 4/3/2025
- 1 Day

The International Air Transport
Association (IATA) released data for February 2025 global passenger demand.
Total demand, measured in revenue passenger kilometers
(RPK), was up 2.6% compared to February 2024. Total capacity, measured in
available seat kilometers (ASK), was up 2.0% year-on-year. The February load
factor was 81.1% (+0.4 ppt compared to February 2024).
International demand rose 5.6% compared to February
2024. Capacity was up 4.5% year-on-year, and the load factor was 80.2% (+0.9
ppt compared to February 2024).
Domestic demand fell 1.9% compared to February 2024.
Capacity was down 1.7% year-on-year. The load factor was 82.6% (-0.2 ppt
compared to February 2024).
“While traffic growth slowed in February, much of this
can be explained by factors including the leap year, and lunar new year falling
in January compared to February last year. February traffic hit an all-time
high, and the number of scheduled flights is set to continue increasing in
March and April. But we need to keep a close eye on developments in North America,
which saw falls in both domestic and international traffic,” said Willie Walsh,
IATA’s Director General.
“The recent shut-down of Heathrow reminded us once
again that the current passenger rights regime in place in Europe and the UK is
not fit for purpose. The annual costs of compensation, care and assistance run
into the billions. Thankfully, the Polish Presidency of the EU has recognized
that this is a drag on European competitiveness and is progressing much-needed
and long-anticipated reforms to EU261. While many of the proposed reforms are
sensible, the package stops short of a real solution. Even with the reforms,
EU261 will still target the airlines with penalties even if the root cause of
delays is an infrastructure incident out of their control—like we saw at
Heathrow. Over two decades of EU261 have not seen a reduction in delays because
infrastructure providers have no incentive to improve their game. Sadly for
European travelers, we are likely to see this play out again in this summer’s
peak travel season. Genuine reform of EU261 must ensure that all parties
responsible for delays have a stake in the consequences,” said Walsh.
Regional Breakdown - International
Passenger Markets
International RPK growth moderated to 5.6% in February
year-on-year, down from 12.3% growth in January. However, this growth meant
that all regions except North America established record February levels of
demand.
Asia-Pacific airlines
achieved a 9.5% year-on-year increase in demand. Capacity increased 8.3%
year-on-year and the load factor was 85.7% (+0.9 ppt compared to February
2024).
European carriers had a
5.7% year-on-year increase in demand. Capacity increased 4.9% year-on-year, and
the load factor was 75.5% (+0.5 ppt compared to February 2024).
Middle Eastern
carriers saw a 3.1% year-on-year increase in demand. Capacity increased 1.3%
year-on-year and the load factor was 81.9% (+1.4 ppt compared to February
2024).
North American
carriers saw a -1.5% year-on-year fall in demand. Capacity decreased -3.2%
year-on-year, and the load factor was 78.9% (+1.3 ppt compared to February
2024).
Latin American
airlines saw a 6.7% year-on-year increase in demand. Capacity climbed 9.9%
year-on-year. The load factor was 81.7% (-2.5 ppt compared to February 2024).
African airlines
saw a 6.7% year-on-year increase in demand. Capacity was up 4.0% year-on-year.
The load factor rose to 75.3% (+2.0 ppt compared to February 2024).
Domestic Passenger Markets
Domestic RPK fell -1.9% over the previous February.
Load factors were almost flat (-0.2 ppt). Traffic decline in China (-3.2%) was
likely due to Lunar New Year falling in January this year compared to February
2024. Falling US consumer confidence may well have contributed to the -4.2%
decline in domestic US traffic. India continued to see strong demand (+13.2%)
with the load factor at 90.3% (+1.4 ppt compared to February 2024)
