The International Air Transport Association (IATA) released data on global passenger demand for November 2025, showing continued growth across the aviation sector. Total demand, measured in revenue passenger kilometers (RPK), increased by 5.7% compared to November 2024, while total capacity, measured in available seat kilometers (ASK), rose by 5.4% year-on-year. As a result, the overall load factor reached 83.7%, up 0.3 percentage points from the previous year and marking a record high for the month of November.
International travel was a key driver of this growth, with demand rising 7.7% compared to November 2024. International capacity expanded by 7.1% year-on-year, and the load factor improved to 84.0%, an increase of 0.4 percentage points from the same period last year.
Domestic travel also recorded growth, though at a more moderate pace. Domestic demand increased by 2.7% year-on-year, in line with a 2.7% rise in capacity. The domestic load factor stood at 83.2%, remaining unchanged compared to November 2024.
“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,” said Willie
Walsh, IATA’s Director General.
Regional Breakdown -
International Passenger Markets
International RPK
growth was a healthy 7.7% in November year-on-year. The international load
factor, at 84.0%, was also a November record high. Compared to October, growth
was slightly down in all regions except Africa.
Asia-Pacific airlines achieved a 9.3% year-on-year increase in demand.
Capacity increased 8.7% year-on-year, and the load factor was 85.8% (+0.5 ppt
compared to November 2024). Geopolitical tensions led to traffic between China
and Japan slowing to single-digit growth for the first time in 2025.
European carriers had a 6.8% year-on-year increase in demand. Capacity
increased 6.1% year-on-year, and the load factor was 85.6% (+0.5 ppt compared
to November 2024).
North American carriers saw a 4.0% year-on-year increase in demand.
Capacity increased 4.2% year-on-year, and the load factor was 81.0% (-0.1 ppt
compared to November 2024). Looking at total traffic, North America has seen 10
consecutive months of year-on-year decline in load factor.
Middle Eastern carriers saw a 9.6% year-on-year increase in demand.
Capacity increased 9.2% year-on-year, and the load factor was 81.4% (+0.3 ppt
compared to November 2024).
Latin American airlines saw a 4.4% year-on-year increase in demand.
Capacity climbed 4.7% year-on-year. The load factor was 83.9% (-0.2 ppt
compared to November 2024).
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).
Domestic Passenger
Markets
Domestic RPK rose 2.7% over November 2024 and load factor was steady at 83.2% on the back of a 2.7% capacity expansion. Brazil and India were the fastest-growing markets. Domestic U.S. traffic was the only major market to see a fall in demand, perhaps due to the government shutdown. -TradeArabia News Service