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Global Air Cargo Market Rebounds in 2023 Despite Economic Challenges

  • 7 min read

The International Air Transport Association (IATA) has reported a noticeable rebound in the air cargo sector for 2023. The industry has demonstrated resilience despite economic uncertainties, particularly during the fourth quarter. Here’s a snapshot of the 2023 air freight market trends: These trends underline the dynamic nature of the global… 

IATA, ICAO Collaborate On Safe Air Transport of Dangerous Goods

The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) strengthened their collaboration on global safety standards for air transport of dangerous goods. This enhanced cooperation was affirmed at the IATA’s headquarters in Geneva. ICAO Secretary General Juan Carlos Salazar visited IATA, focusing on amplifying synergy between… 

man in airport waiting for boarding on plane

Air Travel Recovery Reaches 99% Of 2019 Passenger Traffic

  • 4 min read

The latest data from the International Air Transport Association (IATA) reveals that air travel recovery remains strong. Passenger demand surged to 99% of 2019 levels in November 2023. Global traffic, measured in revenue passenger kilometers (RPKs), increased by 29.7% compared to the same month in 2022. International air traffic experienced… 

Oneworld Becomes First Airline Alliance To Join IATA CO2 Connect

  • 5 min read

The International Air Transport Association (IATA) and the oneworld Alliance have joined forces to enhance CO2 emission calculations. All 13 member airlines of oneworld have pledged to contribute operational data to IATA’s CO2 Connect emissions calculator. This collaboration aims to enhance the accuracy and reliability of the tool by significantly… 

Passenger Traffic Rose by 31.2% In October, IATA Stats to Know

  • 4 min read

The International Air Transport Association (IATA) has recently reported a positive trend in passenger demand for October. “October’s strong result brings the industry ever closer to completing the post-pandemic traffic recovery. Domestic markets remain above pre-COVID levels. International demand is recovering, but more slowly. In particular, Asia Pacific carriers’ international… 

Air Cargo Increases For 3rd Consecutive Month, IATA Stats to Know

  • 3 min read

The International Air Transport Association (IATA) has recently released data for October 2023 global air cargo markets, showing a consistent increase in year-on-year demand for the third consecutive month. In October 2023, global demand, measured in cargo tonne-kilometers (CTKs), grew by 3.8% compared to the same period in 2022. The… 

people walking inside airline

European Airfares Undercut Consumer Product Inflation

  • 3 min read

According to recent data released by the International Air Transport Association (IATA), European travelers are enjoying airfares that beat inflation as the aviation industry recovers from the impact of COVID-19. The latest traffic figures indicate that European airlines are only 3.6% below their peak in 2019. Despite the inflationary environment,… 

IATA: Signs of Air Cargo Recovery with 1.9% Rise in September

  • 5 min read

Air Cargo Demand up 1.9% in September, Continuing Growth Momentum The International Air Transport Association (IATA) released data showing a steady recovery in global air cargo markets in September 2023. Global demand, measured in cargo tonne-kilometers (CTKs*), increased by 1.9% compared to September 2022 (+6% for international operations). Capacity, measured… 

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