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
- Global air cargo demand fell by 3.4% year-on-year in June, the smallest decline since February 2022. Yearto-date cargo tonne-kilometers (CTKs) were 8.1% below last year’s level.
- Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), saw a slower annual growth of 9.7% in June, compared to double-digit growth between March and May. Year-to-date ACTKs exceeded 2022 levels by 9.9%.
- Leading indicators of air cargo demand, including global goods trade, manufacturing PMIs, and inventory-tosales ratio, continued to point to contractions. However, improvements in inflation in major economies could provide a tailwind to the global economy and air cargo demand.
- Major trade lanes including Europe-North America and Asia-North America experienced smaller annual contractions in international air cargo demand in June, improving by 2.1 percentage points compared to May.
African airlines report 2.8% decline in cargo demand for June
International CTKs on the Africa-Asia trade lane contracted by 4.9% YoY, which contrasts sharply with the strong growth of 18%-37% observed between February and April, albeit from a relatively low base in 2022. The performance of international cargo demand for Africa airlines continued to deteriorate in June with international CTKs declining further, from -1.9% YoY in May to 2.8% in June, largely affeced by the worsening situation on the Africa-Asia trade lane.
June recorded the smallest annual decline in global CTKs since February 2022
Industry air cargo demand, measured by cargo tonne-kilometers (CTKs), registered 20.2 billion in June and was 3.4% lower than the same month in 2022. This was the smallest annual decline since February 2022. In comparison to June 2019 levels, industry CTKs contracted by 2.4%, which is a 4.4 percentage point (ppt) improvement from the May level. Seasonally adjusted (SA) CTKs also recorded a 3.4% annual decline in June, improving by 1.6 ppts compared to the previous month. Download the full report.