Air travel posted a strong rebound in February 2022 compared to January 2022, as Omicron-related impacts moderated outside of Asia. The war in Ukraine, which began on February 24, did not have a major impact on traffic levels. However, airlines will pass on rising oil prices to passengers through higher fares relatively quickly, and the spike in energy costs will worsen the industry's overall outlook in 2022.
Total traffic in February 2022 (measured in revenue passenger kilometres or RPKs) was up 115.9% compared to February 2021. That is an improvement from January 2022, which was up 83.1% compared to January 2021.
“The recovery in air travel is gathering steam as governments in many parts of the world lift travel restrictions. States that persist in attempting to lock-out the disease, rather than managing it, as we do with other diseases, risk missing out on the enormous economic and societal benefits that a restoration of international connectivity will bring,” said Willie Walsh, IATA’s director general.
European carriers saw their February traffic rise 380.6% versus February 2021, improved over the 224.3% increase in January 2022 versus the same month in 2021. Capacity rose 174.8%, and load factor climbed 30.3 percentage points to 70.9%.
Asia-Pacific airlines had a 144.4% rise in February traffic compared to February 2021, up somewhat over the 125.8% gain registered in January 2022 versus January 2021. Capacity rose 60.8% and the load factor was up 16.1 percentage points to 47.0%, the lowest among regions. Asia has consistently had some of the world’s strictest Covid travel measures.
Middle Eastern airlines’ traffic rose 215.3% in February compared to February 2021, well up compared to the 145.0% increase in January 2022, versus the same month in 2021. February capacity rose 89.5% versus the year-ago period, and load factor climbed 25.8 percentage points to 64.7%.
North American carriers experienced a 236.7% traffic rise in February versus the 2021 period, significantly increased compared to the 149.0% rise in January 2022 over January 2021. Capacity rose 91.7%, and load factor climbed 27.4 percentage points to 63.6%. But as more travellers return to the skies, US airlines have struggled to meet the increased demand. Aviation sector staff shortages, pilot strikes at Alaska Airlines, bad weather (including thunderstorms) and an IT failure at Southwest Airlines were to blame over the last 7 days, causing disruption to hundreds of thousands of passengers. Thunderstorms led the Federal Aviation Administration to limit flights over much of Florida and briefly halt flights at several airports in the state, which led to aircraft being in the wrong place at the wrong time, disrupting other journeys across North America. Significant air travel recovery is off to a shaky start.
Latin American airlines’ February traffic rose 242.7% compared to the same month in 2021, well up over the 155.2% rise in January 2022 compared to January 2021. February capacity rose 146.3% and load factor increased 21.7 percentage points to 77.0%, which was the highest load factor among the regions for the 17th consecutive month.
African airlines had a 69.5% rise in February RPKs versus a year ago, a large improvement compared to the 20.5% year-over-year increase recorded in January 2022 compared to the same month in 2021. February 2022 capacity was up 34.7% and load factor climbed 12.9 percentage points to 63.0%.
“As the long-awaited recovery in air travel accelerates, it is important that our infrastructure providers are prepared for a huge increase in passenger numbers in the coming months. We are already seeing reports of unacceptably long lines at some airports owing to the growing number of travellers. And that is even before the surge of Easter holiday travel in many markets next week. The peak Northern summer travel season will be critical for jobs throughout the travel and tourism value chain. Now is the time to prepare. Governments can help by ensuring that border positions are staffed adequately and that background security checks for new staff are managed as efficiently as possible,” said Walsh.
Elsewhere, JetBlue Airways said on Tuesday it made an unsolicited $3.6bn bid for Spirit Airlines potentially snarling merger plans between the ultra-low-cost carrier and Frontier Group Holdings.
JetBlue chief executive officer Robin Hayes said the deal would make the New York-based airline a stronger competitor to the so-called four legacy US airlines that control nearly 80% of the US passenger market.
“Customers shouldn’t have to choose between a low fare and a great experience, and JetBlue has shown it’s possible to have both,” said Robin Hayes, JetBlue CEO. “When we grow and introduce our unique value proposition onto new routes, legacy carriers lower their fares and customers win with more choice. The combination of JetBlue and Spirit – coupled with the incredible benefits of our Northeast Alliance with American Airlines – would be a game changer in our ability to deliver superior value on a national scale to customers, crewmembers, communities, and shareholders. The transaction would accelerate our strategic growth and create sustained, long-term value for the stakeholders in both companies.”

The author is an aviation analyst. Twitter handle: @AlexInAir
 
 
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