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
News / 2023
January 2023 IATA Air Freight Market Analysis
Published March 6. IATA Economic Reports.
Air cargo demand falls
- Industry-wide cargo tonne-kilometers (CTKs) continued to decline in January, falling 14.9% year-on-year (YoY) and marking the 11th month of consecutive annual declines. Compared with pre-pandemic levels, air cargo demand was also down 11%.
- Cargo capacity – measured by available cargo tonne-kilometers (ACTKs) – picked up 3.9% YoY in January, reflecting the strong recovery of belly cargo capacity in passenger airline markets. Cargo load factors stood at 44.8%, after falling 9.9 percentage points below load factors in January 2022.
- The economic outlook for the air cargo industry in 2023 is expected to be a challenging one. Multiple macroeconomic headwinds stemming from the global pandemic persist and the on-going war in Ukraine has disrupted important trade flows and economic activity across various regions.
African airline cargo volumes decrease by 9.5% YoY
African airlines saw cargo volumes decrease by 9.5% in January 2023 compared to January 2022. This was an improvement in performance compared to the previous month (-10%). Capacity was 1.8% below January 2022 levels, but demand for the region’s airlines remained 9.7% higher than pre-pandemic levels.
Air cargo demand contracted further in January
Industry-wide cargo tonne-kilometers (CTKs) fell 14.9% YoY in January, marking the 11th month of consecutive annual declines in global air cargo demand. Compared with January 2019 cargo traffic, industry CTKs also contracted by 11%. Download the full report.