Air freight demand decreases 4.7% in February

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 4.7percent in February 2019, compared to the same period in 2018. This was the fourth consecutive month of negative year-on-year growth and the worst performance in the last three years. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 2.7percent year-on-year in February 2019. This was the twelfth month in a row that capacity growth outstripped demand growth. Demand for air cargo continues to…

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Air freight makes weak start to 2019

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 1.8 percent in January 2019, compared to the same period in 2018. This was the worst performance in the last three years. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.0percent  year-on-year in January 2019. This was the eleventh month in a row that capacity growth outstripped demand growth. Demand for air cargo continues to face significant headwinds. Global economic activity and consumer…

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IATA calls on US Government, industry, to work together to grow aviation’s benefits

The International Air Transport Association (IATA) has urged the United States government and industry to work together to ensure that aviation is able to accommodate an expected 62 percent rise in demand for air travel to, from and within the country over the next 20 years. Speaking at the International Aviation Club in Washington, D.C., Alexandre de Juniac, IATA’s Director General and CEO, noted that aviation already supports 6.5 million jobs in the United States and contributes over $778 billion to GDP, including aviation-supported tourism. The social and economic benefits…

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Global passenger traffic results for 2018 rises by 6.5%

The International Air Transport Association (IATA) has announced global passenger traffic results for 2018 showing that demand (revenue passenger kilometers or RPKs) rose by a healthy 6.5 percent compared to full-year 2017. Although this represented a slowdown compared to the 2017 annual growth of 8.0percent, it was another year of above-trend growth. Full year 2018 capacity climbed 6.1percent, and load factor edged up 0.3 percentage point to a record 81.9percent , exceeding the previous high set in 2017.  December RPKs rose 5.3 percent against the same month in 2017, the…

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African airlines experience 5.7% rise in demand for Nov. 2018

The International Air Transport Association (IATA) has announced healthy but moderating global passenger traffic results for November 2018 with African airlines experiencing a 5.7 percent rise in demand compared to November 2017, down from 6.4 percent in October but higher than the five-year average of 5.8percent . Total revenue passenger kilometers (RPKs) rose 6.2 percent compared to November 2017, a slight deceleration from 6.3 percent growth in October. Capacity (available seat kilometers or ASKs) increased by 6.8 percent over the year-ago period, and load factor dipped 0.4 percentage point to…

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Air freight demand flat in November 

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), was flat (0percent) in November 2018, compared to the same period the year before. This was the slowest rate of growth recorded since March 2016, following 31 consecutive months of year-on-year increases.  Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.3percent year-on-year in November 2018. This was the ninth month in a row that capacity growth outstripped demand.  While international e-commerce continues to grow,…

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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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