Aviation Wrap-Up December 2022
In the run-up to year-end, let’s take a look at the latest aviation news.
According to International Air Transport Association (IATA), the next two years should see continued strides in the aviation industry’s recovery with some sectors faring better than others. Notably, passenger airlines are expected to return to profitability in 2023; however, business travel will be impacted by rising air fares on key business routes. Meanwhile, cargo may see a decline in volumes, yields, and profits due to uprising challenges. Read more.
Aviation Wrap-Up November 2022
This November saw aviation continue to recover with some regions setting new priorities to better handle increasing travel demand. New rankings recognized the positive performance of US airports. Finally, a growing number of airlines, airports and ground handlers are recognizing the value that digitalization can bring to key operational areas. Read more here.
Aviation Wrap-Up October 2022
Despite ongoing challenges including supply chain disruptions, labor shortages, and other troubled economies in many regions, the aviation industry continues to rebound. Some airlines even managed to improve their on-time performance, taking Latin American carrires the lead. The past month was also very positive for the air cargo sector, with scheduled cargo tonne kilometer(CTK) increasing by 18.7%. Read more news in our monthly wrap-up.
Aviation Wrap-Up September 2022
Developments are occurring across the aviation industry within various markets, categories, performance and sustainability. We are witnessing changes in passenger market dominance among regions, the air cargo sector potentially beating performance expectations, an new airline leader in on-time performance, and an update in the progress of sustainable aviation fuel production. Read more here.
Aviation Wrap-Up August 2022
As the summer comes to an end, the season closes with some changes in regional performance, concerns over higher airfares, and the focus on the cargo sector’s failure to more rapidly toward digitalization to replace inefficient manual processes. Read more in our monthly wrap-up.
Aviation Wrap-Up July 2022
With passenger travel continuing its ascent, the industry as a whole could see profitability in 2023. In North America, profits are already expected to reach $8.8 billion this year. On another note, the European Commission has proposed restoring normal slot usage. The ”80:20” usage rule is said to be aligned with the current air traffic recovery. Air cargo sector news highlights the challenges airports and airlines face in engaging next generation workers and the need to accelerate recruitment efforts. Find out more in our monthly wrap-up.
Making Air Cargo Transportation More Sustainable
Every year, over US $6 trillion worth of goods are carried by air, accounting for approximately 35% of world trade by value. Supporting reliable, efficient and cost-effective air cargo transportation is paramount to strong regional economies and the aviation industry’s recovery. A key component to this reality is sustainability. From clean fuel alternatives to leveraging optimization software to enhance resource management – read here some initiatives to make air cargo transportation more sustainable
Aviation Wrap-Up June 2022
The aviation industry’s recovery is clearly underway but challenges remain. Passenger demand continues to increase, but capacity issues persist due to staff shortages and changing Covid regulatory procedures. For cargo, which had been one of the bright spots during the pandemic, ground handling bottlenecks are driving higher air cargo rates. The promise of sustainable aircraft fuels (SAFs) is still high in the minds of airline and airport executives, but these fuels are not yet widely available. Add to these challenges, increasing cyber threats targeting airports and airlines and it is evident that the industry is still in the midst of a difficult period. Read this and more news here.
Aviation Wrap-Up May 2022
As the aviation industry continues its advancement to recovery, there remain key challenges. Labor shortages, coupled with intense traffic peaks, are leaving airlines grappling with operations. While seeking solutions to their challenges, airlines, airports and ground handlers are also making sustainability a top priority. Read more news highlights in our monthly wrap-up.
