Passenger Demand Up 8.1% in November
The International Air Transport Association (IATA) released data for November 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.1% compared to November 2023. Total capacity, measured in available seat kilometers (ASK), was up 5.7% year-on-year. The November load factor was 83.4% (+1.9 ppt compared to November […]
Alicia Lines appointed as President of Cargo Network Services
Cargo Network Services (CNS) announces that its’ Board has appointed Alicia Lines as president, a role she has held ad interim since April 2024. As President of CNS, she will be responsible for the management of the company and for its strategic development. “Alicia demonstrated her leadership qualities when she was asked to assume the […]
Air Cargo Demand up 8.2% in November 2024 – 16th Month of Consecutive Growth
The International Air Transport Association (IATA) released data for November 2024 global air cargo markets showing: Total demand, measured in cargo tonne-kilometers (CTK), rose by 8.2% compared to November 2023 levels (9.5% for international operations) for a 16th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTK), increased by 4.6% compared to November […]
TAP Air Portugal obtains IATA Environmental Certification (IENVA)
TAP Air Portugal and Portugália Airlines are celebrating a historic milestone in their commitment to environmental sustainability by achieving IATA Environmental Assessment (IEnvA) certification. This is the first environmental certification of its kind for both airlines, reaffirming their commitment to adopting sustainable and responsible practices in the aviation sector. IEnvA certification, based on the ISO […]
IATA Reminds Governments and Industry Partners of Their Shared Responsibility Ahead of Busy Holiday Season
The International Air Transport Association (IATA) anticipates a 4.3% increase in flight frequencies and a 4.2% rise in available seats compared to the same period in 2023 for the holiday season in Latin America and the Caribbean. Looking at the entire year, airlines are projected to increase passenger numbers in the region by 5% in […]
IATA Launches Air Cargo Device Assessment Program
The International Air Transport Association (IATA) has launched the IATA Air Cargo Device Assessment Program to validate air cargo tracking devices, data loggers and sensor-equipped devices for compliance with rigorous industry safety standards. “The fastest-growing segments of air cargo are pharmaceuticals, perishables, electronics, and high-value goods. Shippers rely on various battery-powered electronic devices to monitor […]
Disappointingly Slow Growth in SAF Production
The International Air Transport Association (IATA) released new estimates for Sustainable Aviation Fuel (SAF) production showing that: In 2024, SAF production volumes reached 1 million tonnes (1.3 billion liters), double the 0.5 million tonnes (600 million liters) produced in 2023. SAF accounted for 0.3% of global jet fuel production and 11% of global renewable fuel*. […]
$1.7 Billion in Airline Funds Blocked by Governments
The International Air Transport Association (IATA) reported that $1.7 billion in airline funds are blocked from repatriation by governments as of the end of October 2024. This is a small improvement compared to the $1.8 billion reported at the end of April. “Over the last six months, we have seen significant reductions in blocked funds […]
Strengthened Profitability Expected in 2025 Even as Supply Chain Issues Persist
The International Air Transport Association (IATA) announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing cost and supply chain challenges. Highlights include: Net profits are expected to be $36.6 billion in 2025 for a 3.6% net profit margin. That is a slight improvement from […]
IATA’s Turbulence Aware Platform Expands with Additional Airlines and Data Integrators
The International Air Transport Association (IATA) announced that interest in its Turbulence Aware Platform continues to expand, with six airlines having joined the program in 2024. Most recently, this includes Asiana Airlines, British Airways, Scoot and Singapore Airlines. Managing turbulence will remain at the forefront of aviation safety and efficiency, given the expected rise in […]
