Australia’s Air Travel Capacity Nears Pre-Pandemic Levels in Early 2024

As of the first quarter (Q1) of 2024, Australia’s domestic air travel capacity has slightly surpassed pre-pandemic figures, standing at 1% above 2019 levels. Meanwhile, international capacity is making a strong comeback, reaching 97% of the levels observed before the global disruption caused by COVID-19. This recovery is underscored by data from OAG Schedules Analyser, highlighting the resilience and gradual revival of Australia’s air travel sector.

Significant progress is evident in the recovery of international connectivity, particularly with countries like Singapore, Indonesia, and Japan. Routes to Singapore have nearly returned to their former strength, with capacity at 99% of pre-COVID levels. Additionally, there has been a notable increase in the number of seats to Indonesia and Japan, up by 27.2% and 26% respectively, showcasing these destinations as star performers in the international market’s resurgence.

The transtasman routes to New Zealand, which represent Australia’s largest international market, are currently operating at about 88% of the capacity seen in 2019. This slight shortfall is attributed primarily to a reduction in service by Virgin Australia. Analysis of the current market shares based on OAG data reveals that Virgin Australia now holds a 3.6% share of the Australia-New Zealand market during Q1 2024, a significant decrease from its 17.9% share in 2019, before the airline underwent its restructuring process.

These figures reflect the ongoing efforts and strategic adjustments within the Australian air travel industry to navigate the post-pandemic landscape, aiming to fully recover and even surpass pre-pandemic air travel capacities.