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These pages provide analysis of economic and policy developments affecting the financial performance of the global airline industry.
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Aviation Value Chain
An analysis of investor returns in 2022 within the aviation value chain
- Value of Aviation
International traffic grew in all major route areas in 2023
All major international route areas expanded in 2023 on year-on-year basis. International passenger traffic saw a significant resurgence, with global Revenue Passenger Kilometers (RPKs) soaring by 42% over the previous year.
- Chart of the Week
2023 saw a stellar industry-wide performance
Industry-wide traffic, measured in Revenue Passenger Kilometers (RPK), grew by an impressive 36.9% in 2023 compared to 2022, and reached 94.1% of 2019 levels.
- Chart of the Week
Air Cargo Market Analysis December 2023
Air cargo closing the year with strong momentum
- Air Freight Monthly Analysis
Air Passenger Market Analysis December 2023
2023 was marked by strong industry-wide recovery
- Air Passenger Monthly Analysis
Geopolitical tensions disrupt airline competitive landscape
Recent geopolitical disruptions have impacted jet fuel prices in Europe and the Commonwealth of Independent States (CIS) disproportionately.
- Chart of the Week
French domestic flight bans and carbon emissions reductions
In June 2023, France formally introduced a ban on direct domestic flights that could be replaced by a train ride lasting no more than 2 ½ hours.
- Chart of the Week
A historic election year in 2024 spells elevated policy risk
2024 will be a historic year in terms of national elections around the world. More than 70 countries will go to the polls, involving 4.2 billion people, and hence a majority of the world’s population for the first time ever.
- Chart of the Week
Air Passenger Market Analysis - November 2023
Industry-wide air traffic grows apace in November
- Air Passenger Monthly Analysis
Air Cargo Market Analysis - November 2023
Multiple demand drivers facilitate upward trend in air cargo
- Air Freight Monthly Analysis