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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

Highlights

• 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.