IBA’s monthly Aviation Industry Barometer for May 2022 (released on 1st July) shows a continuing recovery in airline capacity across most of the globe, but with negative year-on-year growth in Asia-Pacific. Intelligence from IBA’s Insight IQ platform indicates that the recovery in monthly global passenger flights grew by 4% in May 2022, with flight capacity at 78% relative to pre-pandemic levels.
The Aviation Industry Barometer for May 2022 also reveals that:
Latin America performed strongly in May 2022, with flight capacity exceeding pre-pandemic levels by 2%
- Europe and the Middle East showed healthy gains in recovery, increasing 6% month-on-month to 83% of pre-pandemic levels
- Asia-Pacific flight capacity continues to show negative year-on-year growth in the face of tight restrictions and lockdowns across some jurisdictions, although some improvement has been seen compared to April 2022
- Global international flights grew by 12% month-on-month
- Overall, there were approximately 2.31 million commercial passenger flights in May 2022, compared to 2.08 in April 2022 and 1.72 in May 2021
- There were 88 commercial aircraft deliveries in May 2022, representing a month-on-month variance of +11% compared to April 2022, and a year-on-year increase of 24% compared to May 2021
- Deliveries in the narrowbody category were led by the Airbus A320neo family, while the A350, A330 and Boeing 777 families shared three deliveries each in the widebody segment
- Freighter deliveries remained exclusive to Boeing, with four aircraft delivered in May – three 777F and one 747-8F aircraft to a mixture of operators.
IBA is an aviation market intelligence and consultancy company. The fourth edition of IBA’s Aviation Industry Barometer can be downloaded here.