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
News / 2023
- Industry-wide air cargo demand in May was 5.2% below last year’s level. The annual decline in cargo tonnekilometers, however, has narrowed from 16.8% in January to 9.0% year-to-date in May.
- Available cargo-tonne kilometers continued to climb this month after returning to pre-pandemic levels for the first time in April. ACTKs grew by 14.5% year-on-year and were 5.9% above May 2019 levels.
- Key indicators of air cargo demand, including cross-border trade, new export orders PMI, and production PMI, were weaker in May, pointing to the constraints on supply chains and the slowing global economy.
- Carriers in Latin America expanded their international cargo demand in May, amid falling volumes in other regions.
African airline cargo volumes contracted by 2.4% in May
International CTKs for African airlines contracted from -1.4% YoY in April to -2.4% in May. Though CTK’s on the Africa-Asia trade lane increased in May, their growth slowed significantly from 18.5% in April to 11.0% YoY in May, possibly due to the impact of the conflict in Sudan since April.
Decline in CTKs slowed down further in May
Cargo tonne-kilometers (CTKs) across the industry experienced a 5.2% decline in May year-on-year (YoY), reflecting sustained improvement from the double-digit contractions witnessed earlier in 2023. Consequently, the annual contraction in CTKs has narrowed from 16.8% in January to 9.0% year-to-date (YTD) in May. In comparison to May 2019 levels, industry CTKs fell by 7.0%, contracting more than the 5.0% decline observed last month. On a positive note, seasonally adjusted (SA) CTKs slightly improved by 1 percentage point (ppt) compared to the April level, albeit still with an annual decline of 5.3% in May. Download the full report.