Industry-wide, revenue passenger kilometres (RPK) are forecast to grow by just 2.1% year-on-year (YoY), reflecting the impact of the ongoing hostilities in the Middle East and the resulting energy shock. According to IATA, this is a significant deceleration of the sector since the previous years. This revised outlook marks a significant drop from IATA’s earlier forecast of 4.9% growth, reflecting concerns over higher operating costs, inflation and weaker consumer spending. Africa is expected to record the strongest traffic growth this year, followed by the Asia-Pacific region.
Shreya Bansal is a reporter at TravTalk India, covering the travel and tourism industry. She brings a keen eye for emerging trends, trade developments, and the stories shaping the travel landscape. Through in-depth reporting and on-ground insights, she connects industry stakeholders with news that matters. Beyond travel, Shreya has a growing interest in the premium lifestyle space, particularly the world of fine jewellery and is eager to explore the craftsmanship, culture, and commerce that define luxury living.