(IN SHORT) The International Air Transport Association (IATA) has reported that global air cargo demand rebounded in 2023, with a particularly strong performance in the fourth quarter, despite economic uncertainties. Full-year demand was slightly below 2022 and 2019 levels. December 2023 witnessed a robust performance, with global demand exceeding 2022 levels. While demand was shy… Read the full press release
Tag Archives: Global Air Cargo
Global Air Cargo Demand Surges with 8.3% Growth in November 2023, Shows IATA Data
(IN SHORT) The International Air Transport Association (IATA) reported a substantial year-on-year growth of 8.3% in global air cargo demand for November 2023, marking the strongest growth in nearly two years, albeit partially due to a weaker November 2022. The increase in demand was driven by a fourth consecutive month of strengthening cargo requirements. While… Read the full press release