LAC passenger traffic grew by 5.4% in November 2023 over 2022
This data reflected in the November 2023 Traffic Report developed by the Latin American and Caribbean Air Transport Association (ALTA) evidences the continued recovery of aviation industry in the region during the post-pandemic.
January 18, 2024
Panama, January 18, 2024 - In November 2023, 37.2 million passengers traveled to, from and within Latin America and the Caribbean (LAC), a figure representing a 5.4% increase, or 1.9 million additional passengers, vs. November 2022. Similarly, a 4.2% increase was noted over the same month in 2019.
This data reflected in the November 2023 Traffic Report developed by the Latin American and Caribbean Air Transport Association (ALTA) evidences the continued recovery of aviation industry in the region during the post-pandemic.
"Thirty-seven point two million people is more than a number. That number is a reason for celebration and also for commitment, for pursuing excellence in everything we do, for working so that all stakeholders, public and private, understand that more and more people have access to this essential, safe and efficient transport service and, therefore, regulatory policies and business environments must take action accordingly. I say it all the time: being part of the Latin American and Caribbean aviation industry is a source of pride. Our region's airlines are recognized as among the most punctual in the world, celebrated for their service standards, innovation and environmental commitment," says José Ricardo Botelho, ALTA's Executive Director & CEO.
From January to November, the total passengers who traveled to/from the region reached 410.5 million. A milestone that evidences a 13.9% increase vs. the same period in 2022 and 3.8% over 2019, highlighting a positive trend of recovery and growth in the sector.
ALTA's report shows that, in November, Argentina managed to exceed its 2019 international traffic levels for the first time, by 1%. It is also the first time since 2019 that Brazil recorded traffic above 100 million passengers, specifically reaching 103 million during the January to November 2023 period. Panama, meanwhile, exceeded the total passenger traffic for the last five years in the cumulative 2023. From January to November, 16.6 million passengers were mobilized, an amount that exceeds the annual total since 2017, even exceeding 2019.
An overview
In November last year, domestic traffic recorded a slight 1.2% increase vs. the same period of the previous year. International traffic, meanwhile, showed a significant 11% growth. Within this segment, extra-LAC international traffic continued its upward trend with an 8.6% increase, while intra-regional international traffic experienced the most notable advance with an 18.7% increase compared to 2022.
