- 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
January 2020 IATA Air Passenger Market Analysis
Passenger growth slows as COVID-19 impacts the industry
- Industry-wide revenue passenger kilometres (RPKs) rose by 2.4% year-on-year in January, the slowest growth outturn since April 2010. Industry-wide available seat kilometres (ASKs) expanded 1.7% annually this month.
- This month’s slowdown is impacted by the COVID-19 outbreak which – starting at the end of January – has particularly affected demand in the Chinese domestic and international Asia Pacific markets.
- We expect passenger demand to weaken further in February and March as the virus spreads outside of China.
African airlines post 5.3% annual increase
African airlines posted a 5.3% annual increase in international passenger demand, almost unchanged from December 2019 (5.1%). Flight disruption in late January was also relatively small for this region’s carriers.
A soft start to the year for industry-wide RPKs…
Industry-wide revenue passenger kilometres (RPKs) grew by 2.4% year-on-year in January 2020. This is a clear slowdown from 4.6% in December 2019, and the slowest growth rate since April 2010 – at the time of significant airspace closures over Europe due to volcanic ash clouds. The industry-wide seasonally adjusted (SA) series also eased in January unwinding the lift observed in December...Download the full document here.