The International Air Transport Association (IATA)’s data for November 2025 global passenger demand shows that “African airlines were the stand-out performer, with an 11.2% year-on-year increase in demand. Capacity was up 8.5% year-on-year. The load factor was 74.3% (+1.8 ppt compared to November 2024).”
The data also revealed that “Total demand, measured in revenue passenger kilometers (RPK), was up 5.7% compared to November 2024. Total capacity, measured in available seat kilometers (ASK), increased 5.4% year-on-year. The load factor was 83.7% (+0.3 ppt compared to November 2024), a record high for November.” While “International demand rose 7.7% compared to November 2024. Capacity was up 7.1% year-on-year, and the load factor was 84.0% (+0.4 ppt compared to November 2024) and Domestic demand increased 2.7% compared to November 2024. Capacity was up 2.7% year-on-year. The load factor was 83.2% (unchanged compared to November 2024).”
IATA’s Director General, Willie Walsh said: “November 2025 saw continued strong demand for air travel with year-on-year growth of 5.7%. Load factors reached a new record of 83.7% for the month as airlines continued to satisfy growing passenger demand amid continuing capacity constraints stemming from challenges in the aerospace supply chain. The new year’s resolution for the manufacturing sector must be to increase production to meet the needs of their airline customers. The backlog of more than 17,000 aircraft orders that we reached in 2025 must be reduced in 2026.”
Air Passenger Market in Detail
| November 2025 (% year-on-year) | World Share1 | RPK | ASK | PLF(%-PT)2 | PLF(Level)3 |
| Total Market | 100% | 5.7% | 5.4% | 0.3% | 83.7% |
| Africa | 2.2% | 12.6% | 9.1% | 2.3% | 75.1% |
| Asia-Pacific | 33.5% | 7.8% | 6.8% | 0.7% | 85.4% |
| Europe | 26.7% | 6.1% | 5.4% | 0.5% | 86.0% |
| Latin America and the Caribbean | 5.3% | 3.9% | 3.9% | -0.1% | 84.2% |
| Middle East | 9.4% | 9.5% | 9.2% | 0.2% | 81.5% |
| North America | 22.9% | 0.1% | 1.4% | -1.1% | 80.3% |
1)% of industry RPK in 2024 2) Year-on-year change in load factor 3) Load Factor Level Source: IATA