US airlines prepare to fly 2.8 million passengers a day over the long Christmas holiday
The three biggest legacy airlines in the United States say they are gearing up for a longer and larger stretch of Christmas holiday travel while aiming for a repeat of this past Thanksgiving, which saw few flight cancelations. American Airlines, the country’s largest carrier, expects Friday, December 22, to be its busiest of a 19-day-long […]
Passenger Demand Recovery Continues On Track in October
The International Air Transport Association (IATA) announced that the ongoing recovery in passenger demand continued in October. Total traffic in October 2023 (measured in revenue passenger kilometers or RPKs) rose 31.2% compared to October 2022. Globally, traffic is now at 98.2% of pre-COVID levels. Domestic traffic for October rose 33.7% versus October 2022, driven by the triple-digit […]
Air Cargo Demand up 3.8% in October
The International Air Transport Association (IATA) released data for October 2023 global air cargo markets indicating the third consecutive month of stronger year-on-year demand. Global demand, measured in cargo tonne-kilometres (CTKs*), increased by 3.8% compared to October 2022. For international operations, the demand lagged slightly at 3.5%. Capacity, measured in available cargo tonne-kilometres (ACTKs), was […]
Serving growing demand in the Americas
Governments in the region must understand the value of aviation. Despite a host of challenges—including the lingering effects of the pandemic and political upheaval—Latin America experienced a strong recovery in 2022. Such countries as Brazil, Colombia, and Mexico, which had either never imposed travel restrictions or removed them early on, even managed record years. And […]
Sustained freighter demand expected over next 20 years, says Airbus
Airbus expects sustained demand for freighters over the next 20 years with nearly 70% of the current fleet anticipated to be replaced. The airframer’s 2022 Global Market Forecast for the 2022-2041 period shows that the world freighter fleet in service will reach 3,070 aircraft by 2041. This new report, published on July 8, anticipates there […]
Moderate Rebound in September Passenger Demand
The International Air Transport Association (IATA) announced a moderate rebound in air travel in September 2021 compared to August’s performance. This was driven by recovery in domestic markets, in particular China, where some travel curbs were lifted following the COVID-19 outbreaks in August. International demand, meanwhile, slipped slightly compared to the previous month. Because comparisons […]
Etihad now expects global air travel demand to recover only by 2024
Etihad Airways on Sunday slashed its outlook for a full recovery in air travel demand. The carrier now expects passenger numbers on its routes to return to pre-COVID levels only by 2024. “We’re expecting to see stronger demand certainly in the second half of the year (2021),” said Martin Drew, Senior Vice President Sales & […]
2020 Worst Year in History for Air Travel Demand
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. International passenger demand in […]
Demand for air cargo grew 2% in September: IATA
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% 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 […]
Boeing Forecasts $15 Trillion Commercial Airplanes and Services Market
20-year outlook projects rising demand for 42,700+ new airplanes, valued at $6.3 trillion Services to outpace the world fleet; to grow 4.2% annually creating a $8.8T market Boeing [NYSE: BA] lifted its long-term forecast for commercial airplanes as rising passenger traffic and upcoming airplane retirements drive the need for 42,730 new jets – valued at […]
