This report includes T2RL's analysis on the domestic and international passenger traffic market for 2023, based on data of over 1000 airlines globally. In 2023, both domestic and international traffic witnessed an increase of 28% and 35% respectively from 2022. When compared to 2019 traffic levels, domestic traffic managed to surpass pre-pandemic levels by 1.4% however international traffic still falls short by 7.4%.