Aviation industry data-driven insights

Greenhouse gases in review

1 March 2024

Greenhouse gases (GHG) include not only carbon dioxide (CO2) but also methane (CH4), nitrous oxides (NOx), and others. How much various parts of the global economy generate of all the greenhouse gases can be seen in the chart.

International demand from PR China has yet to recover

23 February 2024

PR China remained under strict travel policies for three years, while the rest of the world closely watched for its reopening and the effects it would have on the global economy and air traffic numbers.

Air freighters increase market share on transpacific route

16 February 2024

In the fourth quarter of 2023, the airline industry recorded 58.2 billion international Cargo Tonne-Kilometers (CTKs), which amounts to 99% of the Q4 2019 level and 92% of the peak demand observed in Q4 2021.

International traffic grew in all major route areas in 2023

9 February 2024

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. 

2023 saw a stellar industry-wide performance

2 February 2024

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.

Geopolitical tensions disrupt airline competitive landscape

26 January 2024

Recent geopolitical disruptions have impacted jet fuel prices in Europe and the Commonwealth of Independent States (CIS) disproportionately.

French domestic flight bans and carbon emissions reductions

19 January 2024

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. Other countries and many employers have since followed suit.

A historic election year in 2024 spells elevated policy risk

12 January 2024

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. 

Regional financial performance recovering, but still varied

15 December 2023

Chart showing Airline industry net profit (nominal terms)

Long-term airline profitability shows that while the industry is exposed to external shocks, it typically returns to profitability relatively quickly.

Airline revenue to surpass pre-pandemic levels in 2023

8 December 2023

Following a better-than-expected performance, total airline revenue in 2023 is estimated to have recovered to around 107% of the pre-Covid level.

Sustainable Aviation Fuel offtake commitments rise in Q3

1 December 2023

There are multiple roadmaps which detail possible pathways for the air transport industry to achieve its Net Zero carbon emissions goal by 2050. They all have one element in common; the reliance on Sustainable Aviation Fuel (SAF) to achieve this ambitious target.

The strong air passenger recovery continues in Q3 2023

24 November 2023

The September quarter (Q3) saw a continuation of the strong passenger traffic recovery. Industry-wide revenue passenger-kilometers (RPKs) rose by 28.4% compared to Q3 2022.

Airline market share profiles vary across regions

17 November 2023

As the airline industry recovers to pre-pandemic activity levels this year, understanding how airlines are positioned for efficiency and growth is paramount.

Green energy funds underperform the oil and gas sector

10 November 2023

While the global demand for clean and renewable energy sources is growing, the performance of the funds that invest in them has been lagging the conventional energy sector, which is dominated by oil and gas companies.

Cargo traffic maintains recovery trend amid challenges

6 October 2023

After an outstanding performance in 2021, air cargo demand faced consecutive year-on-year (YoY) declines in 2022, a trend that persisted until July 2023. However, August marked a turning point with the first annual growth since February 2022.