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Domestic air traffic in India has significantly increased, reaching 85.7% of pre-COVID levels in 2022. The International Air Transport Association published a report detailing the continuous improvement in air travel in December 2022. With worries about additional COVID-19 outbreaks receding, the IATA reported that domestic air travel and airline revenue both significantly improved in India.
According to IATA, India's domestic RPKs increased by 48.8% in 2022 over 2021. More significantly, aviation traffic in December 2022 came close to matching that in December 2019 by just 3.6%. Domestic ASK (Available Seat Kilometres) in India increased by 30.1% in 2022 compared to the previous year.
Global Air Traffic status:
For the other domestic markets in the Asia Pacific, domestic traffic as measured by RPK in Japan increased by 75.9% from 2021 to 2019 levels. The domestic market's RPKs for December were 8.7% lower than those for December 2019. A similar recovery occurred in Australia, where RPKs returned to levels that were 81.2% in 2019.
While China continues to adhere to COVID-19 regulations, the RPK and ASK have decreased by 39.8% and 35.2%, respectively, since 2021. Globally, domestic and international passenger traffic combined increased by 64.4% in 2022 compared to the previous year, reaching 68.5% of which was before covid for the entire year.
When compared to December 2021, total traffic in 2022 climbed by 39.7%, reaching 76.9 percent of December 2019's level.
International aviation traffic reached 62.2% of 2019 levels in 2022, up 152.7% from 2021 levels. International traffic increased dramatically in December 2022 compared to December 2021, hitting 75.1% of the levels in 2019 December.
Singapore Air Traffic special report:
In particular, Singapore's Changi Airport benefits greatly from the increase in air traffic because, in April 2022, it was the first country in Asia to reopen its border to travel without a quarantine.
Mr. Lim Ching Kiat, executive vice president of the Changi Airport Group's air hub and cargo development (CAG) stated that "In the previous two years, we improved our airport services and kept in touch with our airline partners in the preparation of a travel boom. Changi Airport has benefited from community efforts, hence it is right now in charge of the Asia Pacific region's travel rebound. In the upcoming months, we anticipate welcoming more flights."
At Changi Airport, 96 airlines are operating more than 5,600 regularly scheduled flights every week as of the beginning of January 2023, linking Singapore to 143 destinations in 48 different countries and territories.
It is important to note that Changi Airport in Singapore handled 32.2 million traveler movements in 2022, which is close to half of the volume in 2019, the final full year before COVID-19 began.
The airline sector is expected to resume profitability in 2023 as well as report a modest net profit of 4.7 billion dollars, according to the IATA. Since the industry's net profits reached 264 billion dollars in 2019, this will be its first profit. In 2020, 42 billion dollars was lost by airlines, while 6.9 billion dollars was lost in 2022.
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