L L News & Industry Affairs / IATA
L / IATA News
Spotlight / 2023
- January 10. Global demand for air cargo tailing off: IATA
- January 10. Air travel recovery continues
- Published January 9. November Passenger Analysis
- Published January 9. November Freight Analysis
Spotlight / 2022
- December 9. A return to industry profitability in 2023
- December 6. IATA forecasts global airline industry will return to profit in 2023
- December 1. Africa's air cargo market contracts over 8%
- December 1. October Passenger Demand & Forward Bookings Signal Continuing Recovery
- Published December 1. October Passenger Analysis
- Published December 1. October Freight Analysis
- November 7. Air passenger traffic continued a strong recovery in September
- November 7. IATA reports air cargo demand in September was down, year-on-year
- Published November 7. September Air Passenger Analysis
- Published November 7. September Air Freight Analysis
- October 20. Aviation safety to benefit from Risk-Based IOSA
- October 14. IATA Regional Vice-President AME addresses AASA's AGA on resilience and growth in these uncertain times
- October 6. IATA reports continued recovery in air passenger traffic during August
- October 6. African airlines cargo volumes up 1% in August
- Published October 6. August Air Passenger Analysis
- Published October 6. August Air Freight Analysis
- September 7. July Passenger Demand Remains Strong
- September 7. Air Cargo Tracks Near Pre-COVID Levels
News / 2022
August 2022 IATA Air Freight Market Analysis
Published October 6. IATA Economic Reports.
Cargo volumes rebound
Highlights
- Seasonally adjusted cargo tonne-kilometers (CTKs) rebounded in August with a 1.0% growth compared with July. This is a solid comeback from the marked decline of 9.6% year-on-year (YoY) in the previous month. Compared with a year ago, August CTKs were 8.3% lower.
- Available cargo tonne-kilometers (ACTKs) increased by 6.3% YoY while they were 0.5% down from the July level, contributing to the first positive growth in industry-wide load factor since January 2022.
- Asia Pacific saw the most significant increase in seasonally adjusted ACTKs from 2.4% YoY in July to 12.4% YoY in August, and Latin America maintained its double-digit growth of 24.7% YoY.
- Globally, the recovery in the Asia market brought positive growth in air cargo demand in some of the largest cargo markets. Inflation levels in G7 countries dropped for the first time since November 2020, signaling stronger confidence in world trade and the global air cargo market.
Positive growth in Africa
African airlines saw cargo volumes increase by 1.0% in August 2022 compared to August 2021. This was a significant improvement on growth recorded the previous month (-3.5%). Capacity was 1.4% below August 2021 levels.
CTK activity showed resilience in August
Industry-wide cargo tonne-kilometers (CTKs) were down 8.3% YoY in August, which is a solid improvement from the July decrease of 9.7% YoY.
The decline in seasonally adjusted (SA) air cargo volumes paused in August, with a robust 1% monthon-month (MoM) growth compared with July. This signals the resilience of the air cargo industry under mounting pressures from the recent economic volatility and geopolitical conflicts. Download the full report.