Brazil’s aviation market was the only one with growth in July, study shows

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O air market Brazil’s domestic market was the only one among the largest in the world that grew in July 2022, compared to the same month in 2019, according to a survey by the International Association of Air Transport (Iata).

The study points out that, in July, domestic demand, measured by the revenue per passenger kilometer (RPK) metric, grew 0.9% compared to the pre-sale period.pandemic . In comparison with the same month in 2021, the increase was 24.2%.

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The performance outperformed the domestic airline markets of the United States which dropped 8.4%, from Australia, with a drop of 10.2%, and from China , which had a loss of 30.5%. Comparing the industry as a whole, the sector was 13.1% smaller in July than in the pre-pandemic period.

In the report, Iata highlights that “after a few months of lateral evolution, traffic [doméstico brasileiro] increased substantially this month, with a month-on-month variation of 28.8%”.

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For Dany Oliveira, director of Iata in Brazil, “the Brazilian market has shown resilient growth over the months and therefore managed to exceed the values ​​observed pre-pandemic. Brazil was the only country among the major domestic aviation markets to surpass this mark in the month of July”.

“It is important to note that 1.5 million international passengers flew to or from Brazil this July – the highest figure since February 2020,” says Oliveira.

“Passenger air travel continues its robust recovery, with passenger-kilometers revenue increasing 58.8% year-on-year in July,” the organization highlights. So far, domestic flights are primarily responsible for the recovery. In July, they had an increase of 86.9% compared to the same month in 2019.

Internationally, the easing of travel restrictions in the region Asia -Pacific helped maintain the recovery movement in international flight RPKs, up 150.6% from July 2021, but still 32.1% below the 2019 level.

Adding domestic and international flights, the offer is 23.6% below the pre-pandemic period, but 37.3% higher than in 2021. The best performing regions are North America and Latin America with total capacity 9% lower than in 2019.

“Looking ahead, future bookings indicate a clear upward trend for domestic traffic. International reserves lost some momentum in July, a slight drop that is attributed to seasonal trends,” the report says.

Source: CNN Brasil

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