{"id":27804,"date":"2022-11-08T17:54:17","date_gmt":"2022-11-08T12:24:17","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=27804"},"modified":"2022-11-30T13:38:50","modified_gmt":"2022-11-30T08:08:50","slug":"iata-asia-pacific-roaring-back-to-life-after-air-travel-recovery-in-september-but-cargo-demand-softens","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/11\/08\/iata-asia-pacific-roaring-back-to-life-after-air-travel-recovery-in-september-but-cargo-demand-softens\/","title":{"rendered":"IATA: Asia-Pacific roaring back to life after air travel recovery in September, but Cargo Demand Softens"},"content":{"rendered":"\n<p><strong>Global traffic is bouncing back, but without China, it&#8217;s not likely to get back to 2019 levels for some time.<\/strong><\/p>\n\n\n\n<p><strong>In 2021, Asia-Pacific suffered the deepest decline of any region, with its full-year international traffic plunging by 93% compared to 2019 levels.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-international-air-transport-association\">International Air Transport Association<\/h2>\n\n\n\n<p>The region was operating at just 15% of its 2019 capacity, and even at that level, it could only handle a&nbsp;load factor&nbsp;of 36%.<\/p>\n\n\n\n<p><em>Just think about that for a minute and look behind the percentages. For every hundred international seats offered in 2019, only 15 were available in 2021, and just 5 had someone sitting in it. The Omicron COVID-19 variant was rampant, and borders throughout the region had slammed the gates shut.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"673\" height=\"427\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/Solid-traffic-growth-record-load-factor-for-the-month-says-IATA.jpg\" alt=\"\" class=\"wp-image-27806\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/Solid-traffic-growth-record-load-factor-for-the-month-says-IATA.jpg 673w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/Solid-traffic-growth-record-load-factor-for-the-month-says-IATA-600x381.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/Solid-traffic-growth-record-load-factor-for-the-month-says-IATA-300x190.jpg 300w\" sizes=\"(max-width: 673px) 100vw, 673px\" \/><figcaption>International Air Transport Association<\/figcaption><\/figure>\n\n\n\n<p>Yesterday the airline industry body, <strong><a href=\"https:\/\/www.iata.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">the&nbsp;International Air Transport Association&nbsp;(IATA),<\/a><\/strong> released its traffic figures for September 2022. According to those figures, Asia-Pacific airlines saw a 465% rise in September traffic compared to September 2021, recording the most substantial year-over-year growth rate of any region worldwide. As measured by available seat kilometers (ASKs), capacity rose 165%, and the passenger load factor (PLF) went from 37% to 84%.<\/p>\n\n\n\n<p>The International Air Transport Association (IATA) figures are no surprise, given the effective way many of Asia-Pacific&#8217;s carriers sprung into action as borders reopened this year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-singapore-airlines\">&nbsp;Singapore Airlines<\/h2>\n\n\n\n<p>A prime example is&nbsp;Singapore Airlines which recorded a record 1st-half profit, and others like Qantas,&nbsp;Air New Zealand, AirAsia, Garuda,&nbsp;Vietnam Airlines,&nbsp;and&nbsp;Thai Airways. It has been an incredible sight for many to see the&nbsp;Airbus A380s&nbsp;come home from the desert, back operating on international routes to and from Asia when they had virtually been discarded.<\/p>\n\n\n\n<p><strong>Also, read      <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/11\/06\/hundreds-of-climate-activists-block-private-jet-taking-off-at-schiphol-airport-in-amsterdam\/\" target=\"_blank\" rel=\"noreferrer noopener\">Hundreds of climate activists block private jet taking off at Schiphol Airport in Amsterdam | Exclusive<\/a>          <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/11\/02\/emirates-and-air-canada-announce-codeshare-agreement-exclusive\/\" target=\"_blank\" rel=\"noreferrer noopener\">Emirates and Air Canada announce codeshare agreement |Exclusive<\/a>         <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/11\/08\/elon-musk-wont-block-the-twitter-account-that-follows-his-private-jet-exclusive\/\" target=\"_blank\" rel=\"noreferrer noopener\">Elon Musk Won\u2019t Block The Twitter Account That Follows His Private Jet | Exclusive<\/a><\/strong><\/li><\/ul>\n\n\n\n<p>The international total traffic, measured by revenue passenger kilometers (RPKs), rose 57% compared to September 2021 and is now at 74% of 2019 levels. Given the chaos travelers endured this year, it&#8217;s hard to see how the system would have survived if traffic was already back at 2019 volumes, although that won&#8217;t happen until China comes out to play.<\/p>\n\n\n\n<p> International Air Transport Association (IATA) director general&nbsp;Willie Walsh&nbsp;stated that despite the economic and geopolitical uncertainties, the demand for air transport continues to recover ground. Commenting on the global result in September, Walsh said,<\/p>\n\n\n\n<p>&#8220;The outlier is still China with its pursuit of a zero COVID strategy keeping borders largely shut and creating a demand roller coaster ride for its domestic market, with September being down 46.4% on the previous year.&#8221;<\/p>\n\n\n\n<p>Domestic travel accounts for 62% of international traffic, with the US holding the biggest share at 26% and a healthy PLF of 85%. The US climbed by 17% year-over-year (YOY) and reached 0.4% above September 2019 levels. In comparison, China dropped YOY by 46.4%, reducing its global share of domestic traffic to 18%. The most significant domestic development was in <strong>Australia, Japan, and India.<\/strong><\/p>\n\n\n\n<p>An interesting pattern has emerged in that 2021&nbsp;cargo volumes&nbsp;are greater than pre-pandemic 2019 but have fallen from the highs of 2021. Global air cargo demand, which is measured in cargo tonne-kilometers (TCKs), fell 10.6% compared to September 2021, although capacity was 2.4% higher YOY.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg.jpg\" alt=\"\" class=\"wp-image-27807\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg.jpg 800w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg-600x338.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg-300x169.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg-768x432.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/11\/679889_357621_800_auto_jpg-750x422.jpg 750w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption><strong>Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Air cargo volumes fell in North America (-6%), Europe (-15.6%), Asia-Pacific (-10.7%), and the Middle East (-15.8%). The drop in the Middle East followed an 11.3% decline in August due to stagnant cargo volumes to\/from Europe.<\/p>\n\n\n\n<p><strong>Latin American cargo carriers grew by 10.8% YOY, and not much changed in Africa, with a 0.1% gain.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IATA : Asia-Pacific roaring back to life after air travel recovery in September, but Cargo Demand Softens<\/p>\n","protected":false},"author":3,"featured_media":27806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761],"tags":[4121,392,79,2030,393,1410,186,81,1073],"class_list":{"0":"post-27804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-air-cargo","9":"tag-airlines-news","10":"tag-aviation","11":"tag-aviation-a2z-news","12":"tag-aviation-news","13":"tag-cargo","14":"tag-iata","15":"tag-latest-aviation-news","16":"tag-september"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=27804"}],"version-history":[{"count":4,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27804\/revisions"}],"predecessor-version":[{"id":28393,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27804\/revisions\/28393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/27806"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=27804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=27804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=27804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}