L L News & Industry Affairs / IATA
L / IATA News
Spotlight / 2023
- November 24. IATA: Namibia clean as a whistle
- November 9. September passenger demand provides solid end to third quarter
- Published November 9. September Passenger Analysis
- November 8. Air Cargo demand up 1.9% in September, sustaining moderate growth momentum
- Published November 7. September Freight Analysis
- October 6. [EVENT: AASA AGA] Call to Action: Succeeding together - IATA Focus Africa
- October 5. IATA's Walsh says meeting demand more important than 2019 recovery
- Published October 4. August Passenger Analysis
- October 4. Passenger demand recovery continues in August
- Published October 3. August Freight Analysis
- 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 5. Aviation head takes aim at SA for upping airport charges despite 'inefficient' operations
- June 6. IAFCAC, AASA Join Forces with IATA on Focus Africa
News / 2023
- Industry cargo tonne-kilometers (CTKs) were up 1.9% year-on-year (YoY) in September. Compared to the preCovid level, global CTKs remained 1.3% lower.
- Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 12.1% YoY, driven by the strong growth of international belly cargo capacity from airlines in the Asia Pacific, Latin America, and the Middle East regions.
- Global trade experienced the fifth annual decline in a row, falling 3.8% in August. This slump in trade was also reflected in the slowdown in global new export orders PMIs and among all the major economies.
- Inflation in the US remained flat in September, while the trend in the producer prices was mixed. The recent surge in global jet fuel prices led to an increase in air cargo yields for the first time since November 2022.
- Airlines in the Asia Pacific, Latin America, Middle East, and North America regions all registered annual growth in their international CTKs in September, with Asia Pacific airlines seeing the strongest growth.
Strong growth in the Africa-Asia trade lane
African airlines saw their air cargo volumes decline by 0.1% in September 2023, despite the strong growth of demand on the Africa-Asia trade lane (+12.8%). This was an improvement in performance compared to August (-3.5%). Capacity was 2.7% above September 2022 levels.
Cargo maintained moderate growth in September
Global air cargo demand continued its year-on-year (YoY) growth in September. Cargo tonne-kilometers (CTKs) recorded 20.8 billion this month, increasing by 1.9% compared to September 2022 levels. This YoY growth is 0.7 percentage points (ppts) higher than in August. Seasonally adjusted (SA) CTKs stood at 20.6 billion, also 1.1% above the 2022 level. However, industry CTKs remained 1.3% lower compared to the pre-pandemic level. The expanded positive annual growth is also a result of a lower baseline in 2022. Despite the annual growth in SA CTKs in September, cargo traffic was 0.6% lower compared to levels in the previous month (Chart 2). This is the first time since March that SA CTKs saw a month-on-month decline. Download the full report...