IATA Expands Turbulence Aware Platform
The International Air Transport Association (IATA) announced that ANA and WestJet have joined its Turbulence Aware Platform on the sidelines of the 79th IATA Annual General Meeting. Turbulence Aware was launched in 2018 to help airlines mitigate the impact of turbulence which is a leading cause of passenger and crew injuries and higher fuel costs each year. […]
Blocked Airline Funds Threaten Connectivity
The International Air Transport Association (IATA) warned that rapidly rising levels of blocked funds are a threat to airline connectivity in the affected markets. The industry’s blocked funds have increased by 47% to $2.27 billion in April 2023 from $1.55 billion in April 2022. “Airlines cannot continue to offer services in markets where they are […]
Travel Demand Continues Strong in April; Domestic Traffic Fully Recovered
The International Air Transport Association (IATA) announced continued strong passenger traffic demand in April. Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022. Globally, traffic is now at 90.5% of pre-Covid levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level. Domestic […]
Air Cargo Demand Decline Slows in April
The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometers (CTKs), fell 6.6% compared to April 2022 (-7.0% for international operations). This decline was an improvement over the previous month’s performance (-7.6%). […]
Booking Data Points to Strong Peak Season Travel
The International Air Transport Association (IATA) reported high levels of confidence among travelers for the peak Northern summer travel holiday season. This corresponds with first quarter 2023 forward bookings data for May – September which is tracking at 35% above 2022 levels. The survey covering 4,700 travelers in 11 countries shows that: 79% of travelers […]
Focus Africa Conference to Strengthen Aviation’s Contribution to African Development
The International Air Transport Association (IATA) announced that the Focus Africa Conference will delve into six priorities under IATA’s Focus Africa initiative to strengthen aviation’s contribution to the continent’s economic and social development and improve connectivity, safety and reliability for passengers and shippers. Focus Africa is taking place in Addis Ababa, Ethiopia, on 20-21 June 2023, with Ethiopian Airlines as the […]
US Proposed Passenger Compensation Rule Will Raise Costs but Not Solve Delays
The International Air Transport Association (IATA) criticized the decision by the US Department of Transportation (DOT) and the Biden Administration to raise the cost of air travel by mandating airlines provide financial compensation to travelers for flight delays and cancellations, in addition to their current care offerings. According to yesterday’s announcement, the rule will be […]
CNS Partnership Conference to Focus on Maintaining Air Cargo Momentum
The International Air Transport Association (IATA) and Cargo Network Services Corporation (CNS) announced that the theme of this year’s CNS Partnership Conference will be “Momentum: Maintaining and Gaining.” The CNS Partnership Conference is taking place in Miami, 4-6 June. “Air Cargo proved its worth during the pandemic, delivering critical medical supplies and vaccines, while maintaining […]
Air Travel Growth Continues in March
The International Air Transport Association (IATA) announced strong demand growth in air travel for March 2023. Total traffic in March 2023 (measured in revenue passenger kilometers or RPKs) rose 52.4% compared to March 2022. Globally, traffic is now at 88.0% of March 2019 levels. Domestic traffic for March rose 34.1% compared to the year-ago period. Total March […]
Air Cargo Declines Moderate in March
The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the previous […]
