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IATA revealed that international passenger demand experienced a substantial 26.3% growth in February 2024 © Shutterstock

IATA report reveals February 2024 global passenger trends

The latest data released by the International Air Transport Association (IATA) unveils key insights into global passenger demand for February 2024: Total Demand: Revenue passenger kilometres (RPKs) surged by 21.5% compared to February 2023, while available seat kilometres (ASK) increased by 18.7% year-on-year. The load factor for February reached 80.6%, marking a 1.9 percentage points […]

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Athens International Airport © AirTeamImages

IATA’s 2023 safety report shows remarkable aviation safety achievements

Other News

The International Air Transport Association (IATA) has unveiled its 2023 annual safety report, revealing significant advancements in global aviation safety. Notably, the year marked “best-ever” results for various parameters. In 2023, there were no hull losses or fatal accidents involving passenger jet aircraft. However, a single fatal accident occurred with a turboprop aircraft, resulting in

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IATA data shows November air cargo demand up 8.3%

Other News

The International Air Transport Association (IATA) has released data for November 2023 global air cargo markets indicating the strongest year-on-year growth in roughly two years. This is partly due to weakness in November 2022, but also reflects a fourth consecutive month of strengthening demand for air cargo. Global demand for air cargo, measured in cargo

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Cathay Pacific Airways is one of oneworld's 13 members to join CO2 connect

oneworld joins IATA CO2 connect

Other News

The International Air Transport Association (IATA) and the oneworld Alliance will work together in the field of CO2 emission calculations with all 13 oneworld® member airlines committing to contributing operational data to IATA’s CO2 Connect emissions calculator. This will further improve the quality and accuracy of the tool, as the percentage of airline-specific fuel burn data used

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IATA anticipates improved profitability for airlines in 2023-2024

Financial

IATA’s outlook for the airline industry reveals an optimistic trajectory for 2023 and 2024. Projected net profits are US$23.3 billion in 2023 (2.6% margin) and US$25.7 billion in 2024 (2.7% margin), with operating profits expected to surge from US$40.7 billion in 2023 to US$49.3 billion in 2024. In 2024, total revenues are set to reach

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IATA has released data for August 2023 global air cargo markets

Air Cargo demand up 1.5% in August

Traffic

The International Air Transport Association (IATA) has released data for August 2023 global air cargo markets, showing that year-on-year air cargo demand grew for the first time in 19 months. Global demand, measured in cargo tonne-kilometres (CTKs), increased by 1.5% compared to August 2022 levels (2% for international operations). Capacity, measured in available cargo tonne-kilometres

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IATA reports strong growth in air travel demand for May 2023

Other News

The International Air Transport Association (IATA) has released its May 2023 traffic data, indicating a continued robust growth in air travel demand. Total global traffic for May 2023, measured in revenue passenger kilometres (RPKs), experienced a significant rise of 39.1% compared to May 2022. Moreover, global traffic has now reached 96.1% of the levels seen

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IATA data reveals weak global air cargo market in May 2023

Other News

The International Air Transport Association (IATA) has released its latest data on global air cargo markets for May 2023, revealing unfavourable market conditions. In May 2023, global demand for air cargo, measured in cargo tonne-kilometres (CTKs), declined by 5.2% compared to the same period in 2022. International operations experienced an even larger drop of 6.0%.

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IATA projects Hong Kong aviation recovery by end of 2024

Other News

The International Air Transport Association (IATA) has revised its forecast for Hong Kong’s aviation recovery, now projecting a return to pre-crisis levels by the end of 2024. This positive development aligns Hong Kong’s recovery timeline with the anticipated faster recovery in the broader Asia-Pacific region. IATA commends the Hong Kong government for its efforts to

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IATA unveils series of roadmaps for aviation to achieve net-zero carbon emissions by 2050

Other News

The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to achieve net-zero carbon emissions by 2050. These roadmaps address aircraft technology, energy infrastructure, operations, finance, and policy considerations leading to net zero. With the adoption of a Long-Term Aspirational Goal (LTAG) at

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IATA report reveals February 2024 global passenger trends

IATA’s 2023 safety report shows remarkable aviation safety achievements

IATA data shows November air cargo demand up 8.3%

oneworld joins IATA CO2 connect

IATA anticipates improved profitability for airlines in 2023-2024

Air Cargo demand up 1.5% in August

IATA reports strong growth in air travel demand for May 2023

IATA data reveals weak global air cargo market in May 2023

IATA projects Hong Kong aviation recovery by end of 2024

IATA unveils series of roadmaps for aviation to achieve net-zero carbon emissions by 2050

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