- Resolution for air transport to have net-zero carbon emissions by 2050
- IATA AGM: global airline bosses to chart future of travel in 'milestone' aviation summit
- August Air Passenger Market Analysis
- August Air Freight Market Analysis
- July Air Passenger Market Analysis
- July Air Freight Market Analysis
- AASA supports IATA's Travel Pass Initiative
- June Air Passenger Market Analysis
- June Air Freight Market Analysis
- May Air Passenger Market Analysis
- May Air Freight Market Analysis
- April Air Passenger Market Analysis
- April Air Freight Market Analysis
- March Air Passenger Market Analysis
- March Air Freight Market Analysis
- February Air Passenger Market Analysis
- February Air Freight Market Analysis
- January Air Passenger Market Analysis
- January Air Freight Market Analysis
- Global cargo volumes continue to trend upwards at a strong pace. Industry-wide cargo tonne-kilometres (CTKs) grew by 12.0% in April compared to pre-crisis values in April 2019. Seasonally adjusted CTKs rose by 4.0% month-on-month, and are now around 5% above the pre-crisis peak of August 2018, before US-China trade wars had started.
- The industry is supported by a strong economic rebound as well as favourable supply chain dynamics, notably very low inventory levels and more competitive pricing relative to container shipping in recent months.
- Both air cargo rates and volumes are close to all-time high values, providing strong financial support to a number of airlines.
- Airlines in most regions are posting strong volume performance, notably in Africa and North America. But airlines based in Latin America are losing market shares to carriers elsewhere and have performed poorly in recent months.
African airlines' international CTKs rise 30.6% compared to pre-pandemic 2019 figures
Airlines based in Africa posted a fourth consecutive month of growth at or above 25% versus 2019. Indeed in April, their international CTKs rose by 30.6% compared to April 2019. This is mostly driven by CTKs flown on routes between Asia and Africa, which have not been significantly impacted by the pandemic.
Global air cargo volumes on a robust upward trend
Global air cargo volumes climbed further in April amid
a V-shaped economic recovery and broadly
supportive conditions, and despite the lack of
capacity. Indeed, industry-wide cargo tonnekilometres (CTKs) were up 12.0% in April 2021
compared to the same month in 2019. This strength
partly reflects a weak month of April 2019, when the
industry was affected by the US-China trade dispute...Download the full document here.