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Global demand dropped 7.5%, half the rate of decline seen in previous two months (-14.9% and -15.3%, respectively).

Compared to pre-Covid levels (Nov 2019), there was a smaller contraction in demand (-10%) while capacity was down 9%

Cargo markets expected to come under increased pressure in 2023, revenues likely to be $149.4 billion

Latin American carriers reported 9% increase in cargo volumes, the strongest performance of all regions.

Airlines in the region continue to be impacted by the conflict in Ukraine, labor shortages, and lower levels of trade and manufacturing activity due...

African airlines introduced additional capacity (10.3%) above June 2021 levels; Latam airlines hiked capacity by 29.5%.

To assure the safety of various items delivered by air, comprehensive standards that are widely applied are required

'Maintaining current levels of safety of passengers, flight crews, and aircraft must be govts’ highest priorities'

Airlines have signed $17bn of forward-purchasing agreements for SAF; 30 billion litres production possible by 2030.

Industry likely to carry over 68mn tonnes cargo in 2022; yields expected to fall 10% YoY on soft trading environment.

Asia-Pacific airlines saw volumes decline nearly 16%, weakest performance of all regions

While the global capacity was 12.5 percent above February 2021, it is still 5.6 percent below February 2019 levels.