- Financial aid, COVID-19 testing key to aviation’s survival in Southern Africa
- August Air Passenger Market Analysis
- August Air Freight Market Analysis
- Coronavirus impact on African aviation worse than initially estimated
- July Air Passenger Market Analysis
- July Air Freight Market Analysis
- 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
- IATA estimates passenger revenue to drop by $314 bn in 2020
- African carriers record 6.2 per cent freight spike amid global slump
- February Air Passenger Market Analysis
- February Air Freight Market Analysis
- IATA is teaming up with XCHG to launch a carbon exchange platform
- January Air Passenger Market Analysis
- January Air Freight Market Analysis
August 2020 IATA Air Passenger Market Analysis
Published September 30, 2020. IATA Economic Reports.
Domestic markets dominated the recovery for another month
- Industry-wide revenue passenger-kilometres (RPKs) contracted by 75.3% year-on-year in August, compared with 79.5% decline in July. All regions posted modest demand improvements.
- Domestic markets continue to drive the industry rebound. However, resurgence of COVID-19 cases has slowed progress in some countries. Apart from the intra-European routes, international demand was subdued.
- Industry-wide available seat-kilometres (ASKs) recovered faster than RPKs. As a result, the global passenger load factor reached all-time low for August, at 58.5%.
African passenger numbers continue to drop
The decline in capacity continued to ease in August as airlines returned more fleet to service and increased the frequency of operations on some routes. International demand lagged the positive developments on domestic routes in August.
Passenger demand increased slightly in August
Passenger volumes continue to rise from the low point
in April, but the pace of improvement remains slow.
Industry-wide revenue passenger-kilometres (RPKs)
fell by 75.3% year-on-year compared with 79.5%
annual contraction in July. Seasonally adjusted
passenger volumes (stripped of seasonal ups and
downs) also moved higher for another month, but are
nowhere near the pre-COVID levels.
All regions reported smaller annual declines, with Asia Pacific posting the most resilient outcome for another month (-69.2%yoy). European carriers showed the fastest recovery (-73%yoy in August vs. –81.2%yoy in July), benefitting from robust performance on Russia domestic routes and tentative signs of rising demand in the smaller intra-European market... Download the full document here.