The International Air Transport As sociation (IATA) announced that the recovery in air travel slowed for both domestic and international in January 2022 compared to December 2021, owing to the imposition of travel restrictions following the emergence of Omicron last November and now the on-going conflict in Eastern Europe.<\/p>\n\n\n\n
IATA in a new press release indicated that -the International Industry-wide cargo ton kilometers (CTKs) had softened in the three months to January 2022. CTKs rose 7.2% year-on-year, but this is weaker than the previous three months period (16.0%) and seasonally adjusted CTKs fell by 0.7% quarter-on-quarter.
Drivers of air cargo are currently mixed. While trade and economic activity continue to expand, business and consumer
confidence have eased. The inventory-restocking cycle still has ground to cover, but the conflict in Eastern Europe threatens
CTKs growth.
Air cargo capacity remains on a slow but steady upwards trend, mainly driven by the return of belly capacity. Even though load factors have eased somewhat in H2 2021, air cargo rates have increased to new heights.<\/p>\n\n\n\n
Business and consumer confidence have softened recently due to elevated inflation. That had not been enough to impact world goods trade and economic activity, which performed well recently. However, the conflict in Eastern Europe and the spread of Omicron in Asia will exacerbate supply issues, limit capacity on some route and fuel inflation from February onwards.<\/p>\n","protected":false},"excerpt":{"rendered":"
The International Air Transport As sociation (IATA) announced that the recovery in air travel slowed for both domestic and international<\/p>\n","protected":false},"author":1,"featured_media":5277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[65],"tags":[],"class_list":["post-5276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/03\/ug-air.jpg","jetpack-related-posts":[{"id":5543,"url":"https:\/\/prowebinhost.com\/anzu\/war-in-ukraine-weigh-on-air-cargo-but-african-airlines-see-cargo-volumes-increase-iata\/","url_meta":{"origin":5276,"position":0},"title":"War in Ukraine Weigh on Air Cargo, but African airlines see cargo volumes increase – IATA","author":"UgandaUpdate","date":"May 3, 2022","format":false,"excerpt":"\u00a0The International Air Transport Association\u2019s (IATA) has released latest analysis of demand for air cargo transport globally and by region -showing that although there has been depression in volumes due to the on-going war in Ukraine, African airlines\u00a0-saw cargo volumes increase by 3.1% in March 2022 compared to March 2021.\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/05\/uganda-airlien.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/05\/uganda-airlien.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/05\/uganda-airlien.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/05\/uganda-airlien.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/05\/uganda-airlien.jpg 3x"},"classes":[]},{"id":6792,"url":"https:\/\/prowebinhost.com\/anzu\/iata-and-itc-join-forces-for-cross-border-trade%ef%bf%bc\/","url_meta":{"origin":5276,"position":1},"title":"IATA and ITC Join Forces for Cross-Border Trade\ufffc","author":"UgandaUpdate","date":"October 2, 2022","format":false,"excerpt":"(London \/ Geneva) -- The International Air Transport Association\u00a0(IATA) and the International Trade Centre (ITC) joined forces to improve access to global trade and air cargo supply chain information for businesses and air cargo professionals. Through this agreement, ITC and IATA will cross-link their information offerings, including data, to expand\u2026","rel":"","context":"In "Aviation"","block_context":{"text":"Aviation","link":"https:\/\/prowebinhost.com\/anzu\/category\/aviation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6321,"url":"https:\/\/prowebinhost.com\/anzu\/african-airlines-saw-a-103-6-rise-in-demand-for-passenger-travel-during-june-2022-iata\/","url_meta":{"origin":5276,"position":2},"title":"African airlines saw a 103.6% rise in demand for passenger travel during June 2022 – IATA","author":"UgandaUpdate","date":"August 5, 2022","format":false,"excerpt":"\u00a0(Geneva)\u00a0-\u00a0The International Air Transport Association (IATA) announced passenger data for June 2022 showing that the recovery in air travel remains strong. IATA said that after Covid 19, the organisation has now returned to year-on-year traffic comparisons, instead of comparisons with the 2019 period, unless otherwise noted. Owing to the low\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6575,"url":"https:\/\/prowebinhost.com\/anzu\/african-airlines-see-84-8-passenger-traffic-increase-but-slowed-cargo-demand-in-july-iata\/","url_meta":{"origin":5276,"position":3},"title":"African airlines see 84.8% passenger traffic increase, but slowed cargo demand in July – IATA","author":"UgandaUpdate","date":"September 9, 2022","format":false,"excerpt":"Geneva)\u00a0- The International Air Transport Association (IATA) announced passenger data for July 2022 showing that the recovery in air travel continues to be strong. Total traffic in July 2022 (measured in revenue passenger kilometers or RPKs) was up 58.8% compared to July 2021. Globally, traffic is now at 74.6% of\u2026","rel":"","context":"In "Aviation"","block_context":{"text":"Aviation","link":"https:\/\/prowebinhost.com\/anzu\/category\/aviation\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/Willie-Walsh-IATA.webp","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/Willie-Walsh-IATA.webp 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/Willie-Walsh-IATA.webp 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/Willie-Walsh-IATA.webp 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/Willie-Walsh-IATA.webp 3x"},"classes":[]},{"id":7455,"url":"https:\/\/prowebinhost.com\/anzu\/africas-air-cargo-market-contracts-over-8-as-headwinds-continue-to-buffet-demand-worldwide-iata\/","url_meta":{"origin":5276,"position":4},"title":"Africa’s air cargo market contracts over 8% as headwinds continue to buffet demand worldwide – IATA","author":"UgandaUpdate","date":"November 30, 2022","format":false,"excerpt":"Following is the International Air Transport Association\u2019s (IATA) latest analysis of the air cargo market, which is also a handy barometer of trade in high-value goods, during the month of October ,\u00a0African airlines, which account for 1.9% of the global air cargo market- saw cargo volumes decrease by 8.3% compared\u2026","rel":"","context":"In "Aviation"","block_context":{"text":"Aviation","link":"https:\/\/prowebinhost.com\/anzu\/category\/aviation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7948,"url":"https:\/\/prowebinhost.com\/anzu\/air-cargo-demand-softens-in-november-iata\/","url_meta":{"origin":5276,"position":5},"title":"Air Cargo Demand Softens in November – IATA","author":"UgandaUpdate","date":"January 9, 2023","format":false,"excerpt":"(Geneva) -\u00a0The International Air Transport Association (IATA) released data for November 2022 global air cargo markets showing that on a year-on-year basis compared with Nov 2021,\u00a0African airlines\u00a0saw actual cargo volumes flown decreased by 6.3% . However ,this was an improvement in performance compared to the -8.3% decline in October.\u00a0Cargo capacity\u2026","rel":"","context":"In "Aviation"","block_context":{"text":"Aviation","link":"https:\/\/prowebinhost.com\/anzu\/category\/aviation\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/06\/Willie-Walsh-IATA-AGM-2-1536x1024-1.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/06\/Willie-Walsh-IATA-AGM-2-1536x1024-1.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/06\/Willie-Walsh-IATA-AGM-2-1536x1024-1.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/06\/Willie-Walsh-IATA-AGM-2-1536x1024-1.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/06\/Willie-Walsh-IATA-AGM-2-1536x1024-1.jpg 3x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-1n6","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/5276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=5276"}],"version-history":[{"count":1,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/5276\/revisions"}],"predecessor-version":[{"id":5278,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/5276\/revisions\/5278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/5277"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=5276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=5276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=5276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}