IBA, the aviation intelligence and advisory company, reported that demand for regional travel remains robust, with revenue passenger kilometres (RPKs) for turboprop and regional jet aircraft increasing by 14.4%, from 22.06 billion in January 2024 to 25.45 billion in January 2025. Available seat kilometres (ASKs) for the same aircraft have also risen by 10.1% over […]
IBA: regional travel surge fuels aircraft demand Read More »
With COP29 coming to a close, IBA, the aviation market intelligence and advisory company, has forecast a growing divergence between mandated demand for sustainable aviation fuel (SAF) and the demand based on larger airlines’ planned SAF use. From around one million tonnes in 2024, IBA predicts that SAF production will grow substantially to 26.8 million
SAF mandates lagging behind accelerating airline demand Read More »
IBA, the aviation market intelligence and advisory company, has reported that the airline industry has recovered from the pandemic, with the outlook for 2024 showing all regions surpassing 2019 capacity levels, while revenues and yields stabilised in 2023 and early 2024. According to IBA’s latest analysis, global passenger capacity in Available Seat Kilometres (ASKs) as
Aviation market intelligence firm IBA has reported a notable decrease in CO2 emissions per Available Seat Kilometre (ASK) globally compared to pre-pandemic levels. According to the company’s latest data, global aircraft efficiency has seen significant improvement, with CO2 per ASK dropping between 4.1% and 10.1% from 2019 to 2024 as airlines continue to modernise their
Global CO2 emissions per seat show significant decline, reports IBA Read More »
Following a strong summer travel season, aviation market intelligence and advisory company, IBA, forecasts that global airline Revenue Passenger Kilometres (RPKs) will pass the 9 trillion mark for the first time ever in 2024. This represents a 4.2% increase on the previous record of 8.6 trillion RPKs in 2019. Steady GDP growth in many global
Global airline industry set for record growth in 2024 Read More »
IBA’s latest Aviation Industry Barometer revealed that international flight volumes have grown dramatically by 12.5% year-on-year, while domestic travel showed more modest growth at 4.5% year-on-year. IBA’s leading aviation intelligence platform, IBA Insight, further indicated that in the second quarter of 2024, there were approximately 8.89 million commercial passenger flights, marking a year-on-year increase of
IBA reports strong growth in international flight volumes Read More »
IBA, a prominent aviation market intelligence and advisory company, has appointed Kathleen Cowans as its new Chief Revenue Officer. Cowans brings over two decades of expertise in sales and business management, including 15 years in leadership roles. She has led teams across various global markets and regions, grown sales and revenue, improved client satisfaction, and
IBA appoints Kathleen Cowans new Chief Revenue Officer Read More »
IBA, the aviation market intelligence and advisory company, has revealed indicators that both air cargo demand and capacity will rise in 2024 compared to 2023. Data from IBA Insight also revealed that the active freighter fleet stood at 75% in June 2024, down from 85% before the pandemic in May 2019. Despite the increase in
IBA forecasts rise in air cargo capacity and demand in 2024 Read More »
IBA, the aviation market intelligence and advisory company, has reported that the leased helicopter fleet has exceeded ten percent in 2023 and is projected to reach a record 15% by the end of the decade. With over 300 recorded lease transactions in both 2022 and 2023, the leasing market’s growth has outpaced that of previous
IBA says leased helicopter fleet surpasses 10% in 2023, poised to hit 15% by 2030 Read More »
Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity has grown significantly with operators now favouring lease extensions to secure lift. In its recent webinar on
IBA says it’s a “lessors’ market” Read More »
