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Spotlight / 2023

• September 6. Strong passenger demand continues in July
• Published September 6. July Passenger Analysis
• September 5. African airlines report strong growth in cargo volumes 
• Published September 5. July Freight Analysis
• 8 August.  IATA reports an easing in the contraction of air cargo demand in June
• 8 August. Northern summer travel season off to a strong start
• Published August 8. June Passenger Analysis
• Published August 7. June Freight Analysis 
• July 5. Strong air travel growth continues in May as load factor rises to 2019 levels
• July 5. African airlines see 2% drop in cargo demand in May: IATA
  
• Published July 5. May Passenger Analysis
  
• Published July 5. May Freight Analysis
  
• June 6. Aviation head takes aim at SA for upping airport charges despite 'inefficient' operations
• June 6. ​​IAFCAC, AASA Join Forces with IATA on Focus Africa
• June 5. South Africa’s Poppy Khoza takes Inspirational Role Model accolade at IATA Diversity & Inclusion Awards
  
• June 1. Travel demand maintains high in April; domestic traffic fully recovered, says IATA
• June 1. Global air cargo capacity up 13%; crosses pre-Covid levels
• Published April 4. February Freight Analysis 
  

News / 2023

February 2023 IATA Air Freight Market Analysis

Published April 4. IATA Economic Reports.

Cargo demand stable

Highlights

• Air cargo demand displayed resilience in February. Compared with a year ago, cargo tonne-kilometers (CTKs) were 7.5% lower, a significant improvement from the 14.9% annual decline in January.
• Global air cargo capacity, measured by available cargo tonne-kilometers (ACTKs), grew 8.6% year-on-year (YoY). This growth was driven by the return of passenger aircraft belly-hold capacity in international markets, which increased 57.0% YoY and recovered 75.1% of pre-pandemic capacity in February.
• International air cargo traffic saw varied performance across regions, with Africa and North America maintaining their lead in the recovery of cargo traffic. China's reopening played a significant role in improving the performance of Asia-related route areas.

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.  

Air cargo traffic decline slowed in February

The annual decline in industry-wide cargo tonnekilometers (CTKs) slowed in February, falling 7.5% from last year’s levels. At half the rate of the annual decline in the previous 2 months, this marks a substantial improvement in performance. Download the full report.