IATA: Strong demand recovery in January but impacted by Omicron

The International Air Transport Association (IATA) has announced that the recovery in air travel slowed for both domestic and international in January 2022 compared to December 2021, owing to the imposition of travel restrictions following the emergence of Omicron last November. Total demand for air travel in January 2022 (measured in revenue passenger kilometers or RPKs) was up 82.3% compared to January 2021. However, it was down 4.9% compared to the previous month (December 2021) on a seasonally adjusted basis. January domestic air travel was up 41.5% compared to the year-ago period but fell 7.2% compared to December 2021 on