ACI World today published its latest quarterly air travel outlook revealing global passenger traffic expected to recover in early 2024 as it reaches 9.4 billion passengers.
Highlights from ACI World’s 14th Advisory Bulletin on the impact of COVID-19 on the airport business— and the path to recovery, include:
- Global passenger volume in 2023 is expected to reach 8.6 billion passengers, which is 94.2% of the 2019 level.
- The year 2024 is expected to be a milestone for global passenger traffic recovery as it reaches 9.4 billion passengers, surpassing the year 2019 that welcomed 9.2 billion passengers (102.5% of the 2019 level).
- The gap between the Business as Usual (BAU) forecast from 2019 and the current recovery projections reveal that the percentage of lost traffic continues to decrease on a quarterly basis, from -23% in Q1 2023 to -13% in Q4 2024.