Passenger travel remains depressed but cargo is a “light in the darkness”

The latest passenger figures from the International Air Transport Association (IATA) show that demand remained depressed in September, down 72.8% compared to 2019 levels, on the back of a 63% decline in capacity. International travel bore the brunt of this decline in demand, down 88.8% compared to September 2019 – not lifting from the 88.5% decline in demand for August. Capacity plummeted 78.9%, and load factor withered 38.2 percentage points to 43.5%. Domestic demand in September was down 43.3% compared to the previous year, improved from a 50.7% decline in August. Compared to 2019, capacity fell 33.3% and the load