L  L  News & Industry Affairs / IATA

  L      IATA News

Spotlight 2023

Spotlight 2022 

News 2022

  L  IATA forecasts global airline industry will return to profit in 2023
December 6, 2022. FlightGlobal.

The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 b in 2022. Releasing its latest forecast on 6 December, the IATA says the North America region – which it says will already be profitable in 2022 – will be the main driver of the profitability next year. Read more...

  L  IATA Regional Vice-President AME addresses AASA's AGA on resilience and growth in these uncertain times 
October 14, 2022. IATA AME News.

Kamil Al-Awadhi IATA, Regional Vice-President AME addressed the AASA AGA on resilience and growth in these uncertain times. He identified key priorities for Southern Africa going forward including: Connectivity and Regulatory Reform; Planning and Preparedness; Environmental Sustainability; Taxes; Charges and Costs; and Safety. Read more...  

News 2023

  L  IATA Focus Africa Conference to strengthen aviation’s contribution to African development
May 15, 2023. ARGS Bews,

“Over the next 15 years, Africa’s passenger traffic is expected to double.” Willie Walsh, IATA’s DG

IATA has announced the Focus Africa Conference will cover six priorities under IATA’s Focus Africa to strengthen aviation’s contribution to the continent’s economic and social development, and improve connectivity, safety and reliability for passengers and shippers.
   The Conference is being held in Addis Ababa, Ethiopia, on 20-21 June 2023. Read more...  

  L  March 2023 Air Passenger Market Analysis
Published May 4, 2023. IATA Economic Reports.

Solid growth in passenger numbers
African airlines' passenger traffic rose 71.7% in March

African airlines’ traffic rose 71.7% in March 2023 versus a year ago, the second highest among the regions. March capacity was up 56.2% and load factor climbed 6.5 percentage points to 72.2%, lowest among the regions. Read more...  

  L  March 2023 Air Freight Market Analysis 
Published May 4, 2023. IATA Economic Reports.

Air cargo demand decreases
African airline cargo volumes decrease by 6.2% YoY  

African airlines registered a decline of 6.2% in March, which was an improvement over the 7.4% YoY fall recorded in February. IATA reports significant cargo demand growth on African-Asian routes in March. The global economy continued to decelerate, due to tightening global financial conditions, high levels of debt, and supply chain problems. Read more...   

  L  February 2023 Air Passenger Market Analysis
Published April 6, 2023. IATA Economic Reports.

Passenger growth continues
African airlines' passenger traffic rose 90.7% in February

African airlines’ traffic rose 90.7% in February 2023 versus a year ago. February capacity was up 61.7% and load factor climbed 11.4 percentage points to 75.0%. Although the African airline sector is lagging a bit behind the global industry, its post-Covid-19 pandemic recovery is nearly complete. Read more...  

  L  February 2023 Air Freight Market Analysis 
Published April 6, 2023. IATA Economic Reports.

Cargo demand stable
African airline cargo volumes decrease by 3.4% YoY with Africa-to-Asia route increasing by 39.5% YoY

African airlines saw cargo volumes decrease by 3.4% in February 2023 compared to February 2022. This was an improvement in performance compared to the previous month (-9.5%). Notably, the Africa to Asia route area experienced significant cargo demand growth in February, up 39.5% year-on-year. Capacity was 4.7% above February 2022 levels. Read more...   

  L  IATA releases 2022 Airline Safety Report 
Published March 8, 2023. IATA News.

IATA’s 2022 Safety Report for global aviation has been published in an interactive format. Safety is the highest priority. In support of that priority, IATA partners with other aviation safety stakeholders to implement programmes focused on identifying and controlling operational risks, using a data-driven approach and data analysis. Read more...  

  L  January 2023 Air Passenger Market Analysis
Published March 8, 2023. IATA Economic Reports.

Strong passenger demand
African airlines' passenger traffic up 124.8% % YoY

Recovery in air travel demand continues to rise in early 2023 with African airlines achieving 124.8% YoY growth in international RPKs (traffic levels only 12.8% under those of January 2019). January capacity was up 82.5% and load factor climbed 13.9 percentage points to 73.7%, the lowest among regions.  Read more...  

  L  January 2023 Air Freight Market Analysis 
Published March 6, 2023. IATA Economic Reports.

Air cargo demand falls
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. Read more...