L L News & Industry Affairs / IATA
L / IATA News
Spotlight / 2023
- January 10. Global demand for air cargo tailing off: IATA
- January 10. Air travel recovery continues
- Published January 9. November Passenger Analysis
- Published January 9. November Freight Analysis
Spotlight / 2022
- December 9. A return to industry profitability in 2023
- December 6.
- December 1. Africa's air cargo market contracts over 8%
- December 1. October Passenger Demand & Forward Bookings Signal Continuing Recovery
- Published December 1. October Passenger Analysis
- Published December 1. October Freight Analysis
- November 7. IATA reports air cargo demand in September was down, year-on-year
- November 7. Air passenger traffic continued a strong recovery in September
- Published November 7. September Air Passenger Analysis
- Published November 7. September Air Freight Analysis
- October 20. Aviation safety to benefit from Risk-Based IOSA
- October 14. IATA Regional Vice-President AME addresses AASA's AGA on resilience and growth in these uncertain times
- October 6. IATA reports continued recovery in air passenger traffic during August
- October 6. African airlines cargo volumes up 1% in August
- Published October 6. August Air Passenger Analysis
- Published October 6. August Air Freight Analysis
- September 7. July Passenger Demand Remains Strong
- September 7. Air Cargo Tracks Near Pre-COVID Levels
- Published September 7. July Passenger Market Analysis
- Published September 7. July Air Freight Market Analysis
- August 5. African airlines see 103.6% rise in demand for passenger travel
News / 2023
- Global air cargo tonne-kilometers (CTKs) dropped by 13.7% year-on-year (YoY) in November. This is also 10.1% lower than the CTKs for the same month in 2019. The industry performed less well than expected in a traditional peak season due to multiple headwinds in the current global economy.
- Available cargo tonne-kilometers (ACTKs) contracted by 1.9% YoY in November – a second YoY decrease in a row since April 2022. This is mainly a result of airlines responding to supply imbalances from the softening demand.
- Latin America resumed its strong performance in international CTKs, registering a 7.0% YoY growth in November compared with only 0.3% YoY growth in October. Asia Pacific (APAC) region saw the greatest YoY decline among the regions in international CTK, driven by China’s rising Covid cases and shrinking export orders.
- Inflation in the G7 countries pulled back to 7.4% in November from 7.8% in October - the greatest decline so far in 2022. Oil prices also decreased in November despite the still unusually wide jet crack spread.
African airline cargo volumes decrease by 6.3%
African airlines saw cargo volumes decrease by 6.3% in November 2022 compared to November 2021. This was an improvement in performance compared to the previous month (-8.3%). Capacity was 11.4% below November 2021 levels.
Air cargo demand softened in November
Industry-wide air cargo demand, measured by cargo tonne-kilometers (CTKs), slowed from 21.0 bn in October to 20.6 billion in November. This represents a 13.7% decline compared to the same month in 2021 and is also 10.1% lower than the corresponding prepandemic level.
Seasonally adjusted (SA) air cargo demand also softened in November. Industry-wide SA CTKs contracted by 14.0% compared with November 2021, following the decline of 13.3% YoY in October.
From a year-to-date (YTD) perspective, the global air cargo industry has achieved 229.4 billion CTKs. Download the full report.