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2023 to bring further pax recovery but softer cargo
Passenger markets are recovering strongly as more routes are opened while cargo volumes have begun to ease in 2022 from their recent highs
- Chart of the Week
A return to industry profitability in 2023
A return to profitability in 2023 would imply the speediest recovery in the industry's history, in relation to the depth of the downturn.
- Chart of the Week
A Historically Resilient Industry
Over the past 50 years up until 2019, the international air transport industry experienced more than a twenty-fold increase in annual Revenue Passenger Kilometers (RPKs).
- Chart of the Week
Japan’s weak currency dampens outbound travel
The yen has lost more than 15% of its values year-to-date, making it more expensive for Japanese travelers to go abroad.
- Chart of the Week
Travel rebounds as restrictions ease except in China
China's international ticket bookings remain at less than 5% of the pre-pandemic level for the third year in a row.
- Chart of the Week
Europe Needs Connectivity Provided by All Types of Airline Business Models
Consumer welfare is best optimized by ensuring healthy competition among a vibrant and innovative array of business models.
- Chart of the Week
Airlines’ funds blocked in the foreign exchange turmoil
Exchange rate movements cause airlines and other businesses finding themselves unable to repatriate funds they are owed
- Chart of the Week
How the weak euro is affecting European travel demand
Travel from the euro zone is now exhibiting greater price sensitivity in their bookings given the exchange-rate disadvantage of the Euro
- Chart of the Week
The Preighter Cargo Operations are Fading Away
The frequency of preighter flights has begun to decrease primarily due to the resumption of mixed passenger-cargo operations.
- Chart of the Week
The unusual strength of the USD adds to airlines’ burden
For airlines, the stronger US dollar adds another layer of cost, on top of high inflation in general and high jet fuel prices in particular.
- Chart of the Week