
Despite macroeconomic issues, airline traffic in 2022 rose compared to the prior year. According to the International Air Transport Association (IATA) survey, revenue passenger kilometers (RPK) have grown 64.4% year-over-year in 2022.
Also, demand for air travel has been strong since early 2022, with leisure travelers taking up a larger percentage of the traffic. Moreover, demand is expected to remain robust this year as well.