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 
• Published March 6. January Freight Analysis
  

News / 2023

January 2023 IATA Air Freight Market Analysis

Published March 6. IATA Economic Reports.

Air cargo demand falls

Highlights

• Industry-wide cargo tonne-kilometers (CTKs) continued to decline in January, falling 14.9% year-on-year (YoY) and marking the 11th month of consecutive annual declines. Compared with pre-pandemic levels, air cargo demand was also down 11%.
• Cargo capacity – measured by available cargo tonne-kilometers (ACTKs) – picked up 3.9% YoY in January, reflecting the strong recovery of belly cargo capacity in passenger airline markets. Cargo load factors stood at 44.8%, after falling 9.9 percentage points below load factors in January 2022.
• The economic outlook for the air cargo industry in 2023 is expected to be a challenging one. Multiple macroeconomic headwinds stemming from the global pandemic persist and the on-going war in Ukraine has disrupted important trade flows and economic activity across various regions.

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.  

Air cargo demand contracted further in January

Industry-wide cargo tonne-kilometers (CTKs) fell 14.9% YoY in January, marking the 11th month of consecutive annual declines in global air cargo demand. Compared with January 2019 cargo traffic, industry CTKs also contracted by 11%. Download the full report.