Dear Colleagues,
Last month, IATA’s second World Sustainability Symposium (WSS) took place in Miami with a focus on actions needed to achieve the airline industry’s commitment to net-zero CO2 emissions by 2050. As part of the event, IATA released its updated Policy and Finance Net Zero Roadmaps, highlighting the feasibility of the air transport industry’s energy transition. Key conclusions include the necessity of significant investments, comparable to those in previous renewable energy markets, and the critical role of unified policymaker efforts.
IATA also announced the upcoming Sustainable Aviation Fuel (SAF) Matchmaker platform, set to launch in early 2025. This tool aims to connect airlines with SAF suppliers, with future plans to include governments and non-aviation corporate buyers and IATA will be hosting a procurement event for CORSIA Eligible Emission Units in collaboration with the Government of Guyana, Mercuria, and Xpansive, to help airlines meet their CORSIA Phase 1 obligations.
During a meeting with ICAO’s Juan Carlos Salazar, we discussed how to enhance ICAO’s regional influence by guiding governments on the impact of environmental policies on aviation. Key measures discussed were promoting Sustainable Aviation Fuel (SAF) development, discouraging ineffective "Green Taxes," expanding the use of CORSIA-eligible emission units, and conducting environmental studies in Latin America and the Caribbean.
One immediate opportunity we identified is for IATA and ICAO to organize a Regional Ministerial Meeting on Energy and Transport with key government officials and airlines planned for 2025. More favorable and supportive policies are critical for the region to continue to grow in a sustainable manner.
Looking at the latest passenger traffic data, all regions showed growth for international passenger markets in August 2024 compared to August 2023. Ticket sales in May-July for travel in August-September showed a 6.6% year-on-year increase, which bodes well for further strong growth this year. Focusing on the Americas region, North American carriers saw a 4.3% year-on-year increase in demand. Capacity increased 3.8% year-on-year, and the load factor was 88.2% (+0.4 ppt compared to August 2023), the highest among regions. Latin American airlines saw a 13.6% year-on-year increase in demand. Capacity climbed 15.2% year-on-year. The load factor was 85.1% (-1.2ppt compared to August 2023). You can access the full analysis here.
As usual, please find IATA’s latest activities across the Americas below. Please do not hesitate to reach out with any questions or ideas for further follow up.
Thank you for your on-going support.
Peter Cerdá
IATA’s Regional Vice President, The Americas
Americas Focus: Archive
2024: 01-2024 (pdf) 02-2024 (pdf) 03-2024 (pdf) 04-2024 (pdf) 05-2024 (pdf) 06-2024 (pdf) 07-2024 (pdf)
2023: 01-2023 (pdf) 02-2023 (pdf) 03-2023 (pdf) 04-2023 (pdf) 05-2023 (pdf) 06-2023 (pdf) 07-2023 (pdf) 08-2023 (pdf)
2022: 01-2022 (pdf) 02-2022 (pdf) 03-22 (pdf) 04-22 (pdf) 05-22 (pdf) 06-22 (pdf)
2021: 01-2021 (pdf) 02-2021 (pdf) 03-2021 (pdf) 04-2021 (pdf) 05-2021 (pdf) 06-2021 (pdf) 07-2021 (pdf)
2020: 01-2020 (pdf) 02-2020 (pdf) 03-2020 (pdf)
2019: Jan 2019 (pdf) Feb 2019 (pdf) May 2019 (pdf) #04 Version (pdf) #05 Version (pdf) #06 Version (pdf)
2018: Jan 2018 (pdf) Feb 2018 (pdf) Mar 2018 (pdf) Apr 2018 (pdf) May 2018 (pdf) Jun 2018 (pdf)
Jul 2018 (pdf) Aug-Sep 2018 (pdf) Oct-Nov 2018 (pdf) Summary 2018 (pdf)
2017: Q4 2017 (pdf) Q3 2017 (pdf) Q2 2017 (pdf) Q1 2017 (pdf)