Key Points
Indian domestic air travel has significantly improved as it touched 85.7% of pre-COVID 2019 levels in the year 2022, according to the International Air Transport Association (IATA)..
Globally, total passenger traffic (domestic plus international) in 2022 climbed 64.4% compared with a year ago with full-year global passenger traffic at 68.5% of pre-pandemic levels...
Changi handled 32.2 million passenger movements in 2022, reaching almost half of the traffic in 2019, the last full year before the onset of the COVID-19 pandemic...
December 2022, the airport handled 4.62 million passengers and 25,400 aircraft movements, compared to 6.41 million and 33,300, respectively, in 2019, putting its December recovery at 72%...
With international hubs like Changi rebounding rapidly, IATA predicts a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic on their business in 2022.In 2023, airlines are expected to post a small net profit of $4.7 billion..
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