San Francisco International Airport forecasts over 40 million passengers in 2022

Friday, August 26, 2022

SFO projects it will see over 40 million passengers in 2022, up ~16 million from the 24 million passengers seen in 2021. The airport forecasts it will return to 2019’s 58-million-annual-passenger-levels of traffic between 2024 and 2026. 

This year SFO has seen a steady return of service with 38 international carriers operating there, including three new ones, Flair Airlines, Air Transat and Condor, plus one new domestic carrier, Breeze Airways.

In 2019, SFO had the fourth largest number of international carriers operating at the airport compared to all U.S. airports. This summer, SFO moved up to third place.

Passenger load factors have been high for most of the summer, with nearly every domestic seat filled. Europe, Mexico and Oceania have also seen extremely high load factors this summer. Capacity on Europe routes is largely recovered, with 93% of available seats this summer. Latin America is one of SFO’s strongest performing markets, nearly matching 2019 levels.

Canada is close to 80% of pre-pandemic levels with strong demand to SFO after the borders fully reopened. The Middle East/India region is exceeding 2019 levels, and the Oceania region is at about 70% of 2019 levels but is expected to increase this winter.

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