Airbus has delivered 49 aircraft to 28 customers in February. The European airframer says deliveries included two A330-900 and two A350 widebody aircraft as well as 18 A320neos, 21 A321neos, and six A220-300s. Airbus delivered one A350-900 to Turkish Airlines, one A350-1000 to British Airways, and two A330-900s – one each to Avolon and Cebu Pacific. Air Baltic and Delta Air Lines acquired one A220-300 each whereas Breeze Airways and JetBlue Airways received two A220-300s each. The airframer delivered 18 A320neos, including three to SMBC Aviation Capital, four to IndiGo, and two to EasyJet, while Bocom Leasing, CMB Financial Leasing, SAS, Spirit Airlines, NAS Aviation Services, CALC, Lufthansa, Air Lease Corporation and Flynas acquired one each. As for the A321neo aircraft, SMBC Aviation Capital, Flynas, Aviation Capital Group, CALC, Vietjet, Turkish Airlines, Cathay Pacific, ALC, and United Airlines have received one each while ICBC Leasing, Delta Air Lines, and Volaris got two and Frontier and Wizz Air got three aircraft each. Total deliveries for the year stood at 79 on 29 February. In February 2024, Airbus took orders for a total of two units of A350-900 from an undisclosed customer. No orders were cancelled in February.

Global passenger demand, measured in revenue passenger-kilometres, grew by 16.6% year on year in January, according to IATA. The association says total capacity, measured in available seat-kilometres, was up 14.1% while load factors increased by 1.7 percentage points to 79.9%. Meanwhile international demand grew by 20.8% and capacity was up 20.9%. Domestic demand grew by 10.4% year on year, led by strong Chinese bookings around Lunar New Year. Capacity was up 4.6% and load factor increased 4.2 percentage points to 80.2%. For the Asia-Pacific region, traffic grew 45.4% in January while capacity was lifted 48.1%. European carriers' traffic was up 10.8% while capacity was increased 10.7%. Middle Eastern airlines posted a 16.2% rise in traffic and capacity rose 15.7%. North and Latin American carriers had a 12.3% and a 17.9% rise in traffic, respectively. Capacity increased 13.7% for North American carriers and 13.2% for Latin American airlines. African airlines saw a 18.5% traffic increase while capacity was up 19.2%. Load factors were highest in Latin America and Asia Pacific at 86% and 82.6%, respectively, while it was the lowest for African airlines at 73.3%. For European carriers, the load factor edged up 0.1 percentage points to 77.3%. It climbed 0.4 percentage points to 79.9% for the Middle East, while fell 1.0 percentage point to 79.4% for North American carriers.

Singapore’s competition regulator has conditionally approved the merger of Air India and Vistara subject to carriers involved committing to maintain pre-Covid capacity on four direct flights. Air India is wholly owned by the Tata Sons conglomerate, while Vistara is 51% owned by Tata and the remainder held by Singapore Airlines. Once the merger is completed, SIA will have a 25.1% stake in Air India group. The commission had identified four routes from Singapore to New Delhi, Mumbai, Chennai and Tiruchirapalli as “routes of concern”, stating that despite “a number of competing airlines” operating on the route, the parties have sustained substantial market share in recent years. It adds that “price and capacity coordination between the parties arising from the confluence of the transactions would significantly restrict competition on the affected routes”. In addition to maintaining capacity at pre-Covid levels, the carriers must also appoint an auditor to monitor compliance and submit an annual written report, while individual airlines will also submit an interim report that monitors respective compliance for every three weeks of non-fulfilment in a year. Schedules show that as of March 2024, there are 172 flights per week from Singapore to the four destinations. Of these, SIA and its subsidiary Scoot, Air India and its subsidiary Air India Express and Vistara operate 135 flights, with IndiGo operating the remaining. Vistara's shareholders SIA and Tata Sons agreed to merge with Tata-owned Air India in November 2022, intending to complete the merger by March 2024 subject to regulatory approval. India's competition commission had approved the merger in September 2023. Speaking in late February, Air India chief executive Campbell Wilson touts the merger as “a strengthening of competition”, saying that the merged entity will be a “robust airline that is able to compete more effectively”. He believes it will also “bring professionalism and structure to a market which has historically seen chaos and rapid entry and exit of airlines, holding back the country and ecosystem back from reaching its potential”.