- 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
November 2019 IATA Air Passenger Market Analysis
A month of moderate volume growth but stabilizing drivers
- Annual growth in industry-wide revenue passenger kilometres (RPKs) was unchanged in November, at 3.3%. Europe’s contribution to growth has softened in the past three months, offset by an improvement from Asia Pacific and the Middle East.
- The recent modest outcomes in passenger growth are a reflection of slower global economic activity, along with various geopolitical tensions and other disruptions. That said, there are signs of stabilization in some of the drivers of air transport demand, including business confidence and positive developments in the US-China trade talks.
- Middle Eastern airlines experienced a second consecutive month of strong international RPK annual growth, while growth in India domestic RPKs recorded a double-digit pace for the first time since January.
Another month of growth in Africa…
Carriers registered in Africa saw international RPK volumes grow by ~5% year-on-year in November, rebounding after two consecutive months of modest growth around 2-2.5%. Ongoing challenges in the South African market have been more than offset by strong performances elsewhere in the region.
Modest performance in industry-wide growth…
Year-on-year growth in industry-wide revenue passenger kilometres (RPKs) was unchanged in November, at 3.3%. This outcome is below that of the year-to-date measure (4.2%) and signals another month of moderate performance for passenger demand, in what is typically one of the least busy months of the year..Download the full document here.