L L News & Industry Affairs / IATA
L / IATA News
Spotlight / 2023
- May 16. Aviation: Africa's passenger traffic 'expected to double over next 15 years'
- May 15. IATA Focus Africa Conference to Strengthen Aviation’s Contribution to African Development
- May 5. African air travel up 71% in March
- May 5. African air cargo sets its sights on long-term growth
- Published May 4. March Passenger Analysis
- Published May 4. March Freight Analysis
- April 4. IATA forecasts very positive outlook for African airlines over next 12 years
- April 4. Air cargo demand rose above pre-pandemic levels in February
- April 4. Strong growth in air travel; now at 85% of 2019
- Published April 4. February Passenger Analysis
- Published April 4. February Freight Analysis
- April 3. IATA’s “Focus Africa” to strengthen aviation’s contribution to African development
- April 3. Aviation industry recovers post-COVID
- March 8. Passenger demand stays strong in January
- Published March 8. January Passenger Analysis
- March 8. IATA releases 2022 Airline Safety Report
- March 7. Air Cargo makes a soft start to 2023
- Published March 6. January Freight Analysis
- February 6. Passenger demand recovery continued in December 2022 & for the full year
- February 6. Cargo closes 2022 near pre-pandemic levels
- January 10. Global demand for air cargo tailing off: IATA
- January 10. Air travel recovery continues
News / 2023
February 2023 IATA Air Freight Market Analysis
Published April 4. IATA Economic Reports.
Cargo demand stable
- Air cargo demand displayed resilience in February. Compared with a year ago, cargo tonne-kilometers (CTKs) were 7.5% lower, a significant improvement from the 14.9% annual decline in January.
- Global air cargo capacity, measured by available cargo tonne-kilometers (ACTKs), grew 8.6% year-on-year (YoY). This growth was driven by the return of passenger aircraft belly-hold capacity in international markets, which increased 57.0% YoY and recovered 75.1% of pre-pandemic capacity in February.
- International air cargo traffic saw varied performance across regions, with Africa and North America maintaining their lead in the recovery of cargo traffic. China's reopening played a significant role in improving the performance of Asia-related route areas.
African airline cargo volumes decrease by 3.4% YoY with Africa to Asia route increasing by 39.5% YoY
African airlines saw cargo volumes decrease by 3.4% in February 2023 compared to February 2022. This was an improvement in performance compared to the previous month (-9.5%). Notably, the Africa to Asia route area experienced significant cargo demand growth in February, up 39.5% year-on-year. Capacity was 4.7% above February 2022 levels.
Air cargo traffic decline slowed in February
The annual decline in industry-wide cargo tonnekilometers (CTKs) slowed in February, falling 7.5% from last year’s levels. At half the rate of the annual decline in the previous 2 months, this marks a substantial improvement in performance. Download the full report.