African carriers freight demand decrease 4.2 % in October as global markets rise 3.1%

The International Air Transport Association (IATA) has released data for air freight markets measured in freight tonne kilometers (FTKs), showing African carriers freight demand decrease by 4.2 percent in October 2018, compared to the same month last year. While the global demand rose 3.1percent in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5 percent in September.  Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 5.4 percent year-on-year in October 2018. This was the…

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IATA urges African governments to maximize positive social, economic power of aviation

The International Air Transport Association (IATA) has urged governments in Africa to maximize the positive social and economic power of aviation by working together to promote safe, sustainable and efficient air connectivity. “African aviation supports $55.8 billion of economic activity and 6.2 million jobs. To enable aviation to be an even bigger driver of prosperity across the continent, we must work closely with governments,” said Alexandre de Juniac, IATA’s Director General and CEO, speaking at the 50th Annual General Assembly (AGA) meeting of the African Airline Association (AFRAA) in Morocco. …

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Air freight markets shows demand rise by 2% in Sept.

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.0 percent in September 2018, compared to the same period the year before. This pace of growth was relatively unchanged from the previous month but was less than half the five-year average growth rate of 5.1percent. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 3.2 percent year-on-year in September 2018. This was the seventh month in a row that capacity growth outstripped demand. Yields,…

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IATA outlines urgent priorities to minimize brexit impacts

The International Air Transport Association (IATA) has called for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’, and to move much faster to bring certainty to three critical air transport issues: The uninterrupted continuation of air connectivity The framework for regulating safety and security, and The policies and processes needed for efficient border management “These are the most critical areas because there are no fallback agreements such as the WTO…

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IATA forecast predicts 8.2 billion Air Travelers in 2037

The International Air Transport Association (IATA) has revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next two decades, the forecast anticipates a 3.5 percent compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels. The Association warned, however, that growth prospects for air transport, and…

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Worldwide annual air passenger numbers exceed 4 billion

The International Air Transport Association (IATA) has announced industry performance statistics for 2017. Worldwide annual air passenger numbers exceeded four billion for the first time, supported by a broad-based improvement in global economic conditions and lower average airfares. At the same time, airlines connected a record number of cities worldwide, providing regular services to over 20,000 city pairs in 2017, more than double the level of 1995. Such increases in direct services improve the industry’s efficiency by cutting costs and saving time for both travelers and shippers alike. This information…

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IATA announces healthy global passenger demand for July

The International Air Transport Association (IATA) has announced healthy global passenger demand for July with all regions reporting growth. Total revenue passenger kilometers (RPKs) rose 6.2 percent, compared to the same month last year. While this was down from 8.1percent. year-over-year growth in June, it nevertheless marked a solid start to the peak passenger demand season. Monthly capacity (available seat kilometers or ASKs) increased by 5.5 percent and load factor rose 0.6 percentage point to a record high for July of 85.2 percent. “The industry posted another month of solid…

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Freight growth rises 2.1% in July

The International Air Transport Association (IATA)has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1 percent in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of 5.1percent. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 3.8 percent year-on-year in July 2018. This was the fourth time in five months that capacity growth outstripped demand growth. While the…

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Global passenger traffic results for June rises by 7.8% as Africa soares to 10.9%

The International Air Transport Association (IATA) has announced global passenger traffic results for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8 percent compared to June 2017. This was up from 6.0percent year-over-year growth recorded in both May and April. June capacity (available seat kilometers or ASKs) increased by 6.5percent, and load factor rose 1.0 percentage point to 82.8 percent. The first six months of 2018 produced demand growth of 7.0 percent, a strong performance, but down from 8.3percent growth recorded in the first…

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ACI World, IATA emphasise joint commitment to combat human trafficking

In support of the United Nations World Day Against Trafficking in Persons, Airports Council International (ACI) World and the International Air Transport Association (IATA) have emphasized their joint commitment and work to help combat human trafficking. Aviation connects the world, carrying more than four billion passengers a year, but this global network is also used nefariously by traffickers to transport people against their will. Airlines and airports are determined to assist authorities by reporting suspected human trafficking cases, and making it as difficult as possible for the global air transport…

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