T2RL forecasts that global passenger volumes will reach 4.82 billion in 2024, a projected 9.83% rise from the 4.39 billion passengers in 2023. This figure now surpasses pre-pandemic levels by 4%, following several years of unprecedented disruption.

This notable recovery has been driven by several factors, including the return of international travel in regions such as Asia-Pacific and the Middle East and the growth of domestic travel in key markets like China and North America.