Source: IATA The International Air Transport Association (IATA) released data for September 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 7.1% compared to September 2023, an all-time high for September. Total capacity, measured in available seat kilometers (ASK), was up 5.8% year-on-year. The September load factor was 83.6% (+1.0ppt compared to September 2023). International demand rose 9.2% compared to September 2023. Capacity was up 9.1% year-on-year and the load factor rose to 83.8% (+0.1ppt compared to September 2023). Domestic demand rose 3.7% compared to September 2023. Capacity was up 0.7% year-on-year and the load factor was 83.3% (+2.4ppt compared to September 2023). “The year’s peak travel season ended with demand [...]

Source: IATA The International Air Transport Association (IATA) released data for September 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.4% compared to September 2023 levels (10.5% for international operations) for a 14th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 6.4% compared to September 2023 (8.1% for international operations). This continued to be largely related to the growth in international belly capacity, which rose 10.3%--extending the trend of double-digit annual capacity growth to 41 consecutive months. “September performance brought continued good news for air cargo markets. With 9.4% year-on-year growth, cargo volumes continued to mark all-time highs for demand. Yields are [...]

Source: IATA The International Air Transport Association (IATA) and its partners have successfully demonstrated that the industry is ready to deliver a fully digital air travel experience. This was achieved in a proof-of-concept (PoC) involving two passengers using different digital wallets and travel credentials on a round-trip between Hong Kong and Tokyo. IATA partnered with Cathay Pacific, Hong Kong International Airport, Narita International Airport, Branchspace, Facephi, NEC, Neoke, Northern Block and SICPA for the travel which took place on 21 and 22 October. The airport elements of this PoC were conducted in a live environment, building on an initial PoC carried out in a test environment in 2023. In the PoC, two travelers used digital wallets containing their digital passport, [...]

Source: ALTA ALTA announced that it will develop a “regional roadmap for Latin America and the Caribbean” to support a sustainable transition for its aviation industry, taking into account the opportunities and realities of the region. Why a roadmap? ALTA’s objective is for the roadmap to detail how Latin American aviation may achieve a sustainable transition based on the region’s potential while taking into account the importance of civil aviation in its developing economies. The roadmap will comprise of two key components: From a regional perspective, detail the principal pathways, enabling conditions, policy options and milestones to reach a sustainable aviation industry. Explore options for regional cooperation and the integration of sustainable aviation fuel (SAF) and carbon markets, which could [...]