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. Based on the outlook, net profits are expected to be $36.6 billion in 2025 for a 3.6 percent net profit margin, marking a slight improvement from...
The International Air Transport Association (IATA) released new estimates for Sustainable Aviation Fuel (SAF) production showing that, within this year, SAF production volumes reached one million tonnes (1.3 billion liters), double the 0.5 million tonnes (600 million liters) produced in 2023. SAF accounted for 0.3 percent of global jet fuel production and 11% of global...
The International Air Transport Association (IATA) released data for October 2024 global passenger demand, showing how load factor for the month was at 83.9 percent. October saw total demand in terms of revenue passenger kilometres (RPKs) up by 7.1 percent compared to where it was at the same time in 2023/ Likewise, total capacity measured in available seat kilometres...
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 percent compared to October 2023 levels (10.3 percent for international operations) for a 15th consecutive month of growth. Capacity, measured in...
Representative Image 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 ...
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