Global Air Cargo Demand Rebounds in 2023, Strong Q4 Performance Despite Challenges

(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

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