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1. January 2021 Air Cargo Demand Recovers to Pre-COVID19 Levels: IATA's data for global air cargo markets shows that demand in January 2020 returned to pre-COVID19 levels (January 2019) for the first time since the onset of the crisis. January demand also showed strong month-to-month growth over December 2020 levels. Published by TravelNewsAsia.com on 3 March 2021.

2. Strong Cargo, Reduced Costs Result in Operating Profit for Korean Air: Korean Air today reported KRW 7.405 trillion (USD 6.806 billion) in sales and KRW 238.3 billion (USD 219 million) in operating profit for FY2020. The decline in passenger demand due to COVID19 continued throughout the year, causing gross sales to fall 40% and passenger sales to drop 74% year-on-year. Published by TravelNewsAsia.com on 4 February 2021.

3. Strong Variations in Regional Performance of Air Cargo in 2020: Demand for air cargo decreased by 10.6% in 2020, the largest drop in year-on-year demand since IATA started monitoring cargo performance in 1990, outpacing the 6% fall in global trade in goods. Asia-Pacific airlines reported a decline in demand of 15.2% in 2020 compared to 2019 (-13.2% for international operations) and a fall in capacity of 27.4% (-26.2% for international operation

4. Air Cargo Demand Down 3.3% in January 2020: IATA's global air freight data shows that demand, when measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. Cargo capacity, measured in available cargo tonne kilometers (ACTKs), rose by 0.9% year-on-year in January 2020. Capacity growth has now outstripped demand growth for 21 consecutive months.

5. Air Cargo Demand Reaches Record High in March 2021: IATA's March 2021 data for global air cargo markets shows that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. Demand in March 2021 reached the highest level recorded since the series began in 1990. Month-on-month demand also increased albeit at a slower pace than the previous month with volumes up 0.4% in March over February 2021 levels.

6. Airline Industry Losses in 2020-2022 Expected to Reach US$201 Billion: IATA published its latest outlook for airline industry financial performance at its AGM in Boston on Monday. Net industry losses are expected to reduce to $11.6 billion in 2022 after a $51.8 billion loss in 2021 (worsened from the $47.7 billion loss estimated in April). Net 2020 loss estimates have been revised to $137.7 billion (from $126.4 billion). Adding these up, total industr