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Airline revenue is poised to approach USD 1 trillion
The airline industry’s revenue is projected to reach USD 996 billion in 2024, marking a 10% year-on-year (YoY) growth rate and reaching the highest nominal value in aviation history - just shy of the evocative threshold of USD 1 trillion.
- Chart of the Week
A snapshot of aviation in the United Arab Emirates (UAE)
Ahead of IATA’s 80th AGM in Dubai, today’s chart provides a snapshot of aviation in the United Arab Emirates.
- Chart of the Week
Lack of harmonized rules hampers plastic replacement
Plastic pollution is a key challenge of our times. According to the Organization for Economic Co-operation and Development (OECD), 430 million metric tons of plastic is produced each year, with over one-third being discarded after only one use.
- Chart of the Week
Premium traffic and revenue are back on track
Premium class traffic, which comprises both Business and First class, contributed to about 20% of the total passenger revenues on average over the 2011 to 2019 period while only representing 7% of total revenue passenger-kilometers (RPK).
- Chart of the Week
Slow aircraft deliveries delay renewal benefits to airlines
The pace at which new aircraft are delivered has slowed dramatically, firstly during the Covid-19 pandemic and since then, because of ongoing supply chain challenges.
- Chart of the Week
Sustainable Aviation Fuels Pathways and Product Slate
Aviation Net-zero CO2 2050 aspirations need various measures, including fleet renewal, increasing operational efficiency, and the adoption of sustainable aviation fuel (SAF).
- Chart of the Week
Non-traditional markets lead in the Americas region
In the Americas, most markets have recovered or surpassed the 2019 levels in terms of both the number of passengers carried and the available seat capacity in 2023.
- Chart of the Week
Net-zero transition: multiple levers in different combinations
IATA and partners published the first comprehensive review that compares 14 leading net zero CO2 transition roadmaps for aviation.
- Chart of the Week
More aircraft are leased than owned by airlines globally
Airlines have a choice between buying their aircraft or leasing them. Leasing has emerged as the preferred option, rising from roughly 10% of the total fleet in the 1970s to 58% at the end of 2023.
- Chart of the Week
Mixed outcomes, positive outlook for Middle East & Africa
Load factors in the Middle East and Africa region improved significantly in 2023, as the number of origin-destination passengers reached 105% of 2019 levels, while the number of available seats reached 101%.
- Chart of the Week