The International Air Transport Association (IATA) released data for October 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.8% compared to October 2023 levels (10.3% for international operations) for a 15th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 5.9% compared to October 2023 (7.2% for international operations). This was … [Read more...] about IATA: Air cargo demand up 9.8% in October 2024 – 15th month of consecutive growth
International Air Transport Association
Strong air cargo demand growth extends into July, per IATA
The International Air Transport Association (IATA) released data for July 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 13.6% compared to July 2023 levels (14.3% for international operations). This is the eighth consecutive month of double-digit year-on-year growth, with overall levels reaching heights not seen since the record peaks of 2021. Capacity, measured in available cargo … [Read more...] about Strong air cargo demand growth extends into July, per IATA
IATA: Asia Pacific air cargo demand up 10.5 percent in Feb
Asia Pacific’s airlines saw demand for international air cargo rise 10.5 percent in February compared to the same month in 2019 according to the latest data from International Air Transport Association (IATA). As the main global manufacturing hub, the region has benefited from the pickup in economic activity. IATA said demand in the majority of the region’s key international trade lanes has returned to pre-Covid-19 levels. International capacity remained constrained in the region, down … [Read more...] about IATA: Asia Pacific air cargo demand up 10.5 percent in Feb
Willie Walsh takes the helm as IATA chief
Press Release The International Air Transport Association (IATA) announced that Willie Walsh has officially taken on the role of Director General of the organization. He succeeds Alexandre de Juniac. “I am passionate about our industry and about the critical work that IATA does on behalf of its members, never more so than during the COVID-19 crisis. IATA has been at the forefront of efforts to restart global connectivity, including developing the IATA Travel Pass. Less visible but of equal … [Read more...] about Willie Walsh takes the helm as IATA chief
IATA rolls out new digital collaboration platform
The International Air Transport Association (IATA) on 24 March (Geneva time) launched a new platform to support the digitisation of the whole air cargo supply chain. The IATA Enhanced Partner Identification and Connectivity (EPIC) platform is expected to simplify the complex process of digitally connecting the various stakeholders across the air cargo value chain. This includes enabling the efficient exchange of critical information such as messaging capabilities and identities. “As the … [Read more...] about IATA rolls out new digital collaboration platform
IATA’s chief economist Pearce to retire in July
Chief economist Brian Pearce will retire from the International Air Transport Association (IATA) in July 2021, after 17 years with the trade association, and a recruitment process has been launched, a press release confirmed. Since joining the organisation in 2004, Pearce, who also serves on the strategic leadership team, has built IATA’s evidence-based economic analysis capabilities into the most authoritative source of insight on aviation’s global performance. Alexandre de Juniac, IATA’s … [Read more...] about IATA’s chief economist Pearce to retire in July