Sharp growth decline in Asia-North America trade lane due to rising tariffs for imports to the US

The slower growth compared to previous months was largely due to disruptions caused by ongoing military conflict in the Middle East.

NEW DELHI, June 2 — Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while hitting out at "unacceptable" delays in jetliner deliveries that have hindered their growth plans.

KUALA LUMPUR, April 30 — Global air passenger demand rose by 3.3 per cent in March 2025, compared to the 2.7 per cent growth reported for February, according to the International Air Transport Association (IATA).

KUALA LUMPUR, April 3 — The International Air Transport Association (IATA) has launched the Sustainable Aviation Fuel (SAF) Registry.

KUALA LUMPUR, Nov 1 — Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).

KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) has upgraded its 2024 profitability projections for airlines to US$30.5 billion in net profit compared to the US$25.7 billion forecast made in December 2023.

KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) announced that its projection for Sustainable Aviation Fuels (SAF) to triple to reach 1.9 billion litres (1.5 million tonnes) in 2024 is on track.

KUALA LUMPUR, April 4 — The global air cargo industry registered a total of 19.7 billion cargo tonne-kilometres (CTKs) in February 2024, representing an increase of 11.9 per cent year-on-year (y-o-y), according to the International Air Transport Association (IATA).

KUALA LUMPUR, March 6 — The global airline industry has gotten off to a strong start in 2024 despite economic and geopolitical uncertainties, with January global passenger demand showing a 16.6 per cent increase.

SEPANG, Feb 26 — Routes Asia 2024 (Routes 2024), to be held in Langkawi from Feb 27-29, will provide a meeting place for airline decision-makers to negotiate new and existing air services with their airport and destination partners.

KUALA LUMPUR, Feb 1 — The recovery in air travel continued in December 2023, with the total 2023 traffic edging even closer to matching pre-pandemic demand, according to the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 31 — The global air freight markets showed that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, with full-year demand reaching a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 22 — Malaysia Airlines Bhd has rolled out its New Distribution Capability (NDC) platform, MHplus, globally to enhance communication capabilities and closer cooperation between the airline and its trade partners in key markets.

KUALA LUMPUR, Jan 9 — Global air cargo demand increased by 8.3 per cent in November 2023 compared to the same month in 2022, while demand growth for international operations stood at 8.1 per cent, according to the International Air Transport Association (IATA).

KUALA LUMPUR, Dec 6 — The airline industry’s net profit is expected to reach US$25.7 billion (US$1=RM4.67) in 2024, accounting for 2.7 per cent in net profit margin, said the International Air Transport Association (IATA).

KUALA LUMPUR, Dec 5 — Air cargo volumes for Asia-Pacific airlines increased by 7.6 per cent in October 2023 compared with the same month in 2022, with carriers in the region benefiting from ongoing growth in international cargo tonne-kilometres (CTKs) on three major trade lanes.

KUALA LUMPUR, Oct 5 — The International Air Transport Association (IATA) announced that the strong post-pandemic passenger traffic trend continued in August, with the total traffic (measured in revenue passenger kilometres or RPKs) rising by 28.4 per cent year-on-year compared with August 2022.

KUALA LUMPUR, Oct 3 — Asia-Pacific airlines saw their air cargo volume, measured in cargo tonne-kilometres (CTKs), increase by 4.9 per cent in August 2023 compared to the same month in 2022, the International Air Transport Association (IATA) announced.

KUALA LUMPUR, Oct 3 — The International Air Transport Association’s (IATA) inaugural World Sustainability Symposium (WSS) in Madrid, Spain, will focus on key elements that are vital in achieving the aviation industry’s commitment to net zero carbon dioxide (CO2) emissions by 2050.