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 / 2022
- Industry cargo tonne-kilometers (CTKs) rebounded in October with a 3.5% month-on-month (MoM) growth compared with September. However, from 2021, October industry CTKs contracted by 13.6%, and from 2019, industry CTKs declined by 6.2%, due to the base effect.
- Available cargo tonne-kilometers (ACTKs) increased by 2% MoM but contracted YoY for the first time since April 2022, decreasing by 0.6% in October. However, the YoY growth in international air cargo capacity remained positive at 2.4%.
- The months-long double-digit YoY growth of international CTK in Latin America came to an end in October, with only 0.3% YoY growth this month.
- Global trade activity remains clouded. Inflationary pressures, however, eased somewhat regarding consumer prices and producer price increases continued to cool down for the third consecutive month since July.
Positive growth in Africa continues
Airlines in Africa saw a deeper YoY contraction in international CTKs, dropping 7.8 ppts compared with September, down to -8.3%. The Asia-Africa market saw SA CTKs contract by 15.2% compared with last year, a slight improvement from September at -17.6% YoY.
Air cargo demand had positive monthly growth in October
Global air cargo demand, measured by cargo tonnekilometers (CTKs), was 21.1 billion in October, increasing by 3.5% month-on-month (MoM). However, industry CTKs fell by 13.6% YoY compared to the same month in 2022 and were also 6.2% lower than the pre-pandemic levels in 2019.
Seasonally adjusted (SA) air cargo demand softened slightly in October, with a 2.3% MoM decline compared with September (Chart 1). Similar to the CTKs, SA CTKs contracted by 13.1% YoY and were 6.1% lower than the level seen in October 2019.
Headwinds in the air cargo industry persisted in October, including high inflation rates in advanced economies, weak performance in the global flows of goods and services, the ongoing war in Ukraine, and the unusual strength of the US dollar. Download the full report.