Air Cargo Demand up 3.8% in October 

Geneva – The International Air Transport Association (IATA) released data for October 2023 global air cargo markets indicating the third consecutive month of stronger year-on-year demand. Global demand, measured in cargo tonne-kilometres (CTKs*), increased by 3.8% compared to October 2022. For international operations, the demand lagged slightly at 3.5%.  Capacity, measured in available cargo tonne-kilometres (ACTKs), … Read more

Updates on the EU Renewable Energy Directive (EU RED III)

The EU REDIII introduces a revised target of at least 42.5% renewable energy in the overall energy consumption in the EU across all sectors by 2030; up from 32% in EU REDII. It also includes notable changes to renewable fuel obligations in the transport sector, including aviation. The following outlines the most significant changes in … Read more

European Air Fares Rising Slower than Inflation

Amsterdam – The International Air Transport Association (IATA) released data showing that travelers in Europe are benefiting from air fares that are undercutting inflation, as the market continues its post-COVID recovery.   Latest traffic figures show that European carriers sit just 3.6% down on the 2019 peak. Europeans are traveling despite the inflationary environment: In June, average … Read more

Zurich Airport Key Traffic figures September 2023

2,818,696 passengers were handled at Zurich Airport in September (+21.3% vs. previous year). The number of local passengers increased by 19.3% and transfer passengers increased by 26.3%. The transfer rate, which was at 29.2% last September, is at 30.4% in the month under review. Passenger numbers were 97.6% of the 2019 level.  read more….https://www.flughafen-zuerich.ch/newsroom/en/key-figures-september-2023e/