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
- Published May 4. March Freight Analysis
News / 2023
- Global air cargo demand decreased in March, but at a slower rate than in February and January, with cargo tonnekilometers (CTKs) falling by 7.7% year-on-year (YoY). This reflects a continued trend of improvement compared to the steep annual decline of -16.8% observed in January and double-digit decreases in earlier months.
- Air cargo capacity grew 9.9% YoY, primarily due to the increasing belly-hold capacity from passenger aircraft. As a result, cargo load factors fell to 46.2%, 8.8 percentage points (ppts) lower than last year’s load factors.
- The diminished strength of fundamental air cargo drivers, such as trade and manufacturing exports, continued to dampen potential gains in air cargo traffic, as global new export orders remained weak for a full year.
- While China’s reopening has helped its economic outlook and cargo traffic on Asia Pacific trade lanes, its new export orders retreated in March after a slight improvement in February. Other major economies we track also saw contractions in their new export orders in March compared to February.
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.
Air cargo demand remained weak in March
Industry-wide CTKs continued to slow their annual decline in March. The YoY contraction of CTKs narrowed further from -9.4% in February to -7.7% in March, which is a substantial improvement from the -16.8% fall in January. Download the full report.