Browse Tag

freight markets

Air cargo recovery continues

2 mins read

The FINANCIAL — The International Air Transport Association (IATA) released September data for global air freight markets showing that air cargo demand, while strengthening, remains depressed compared to 2019 levels. Global demand, measured in cargo tonne-kilometers (CTKs*), was 8% below previous-year levels in September (-9.9% for international operations). That is an improvement from the 12.1% year-on-year drop recorded in August. Month-on-month demand grew by 3.7% in September. Global capacity, measured in available cargo tonne-kilometers (ACTKs), shrank by 25.2% in September (‑28% for international operations) compared to the previous year. That is nearly three times larger than the contraction in demand,…

Read More »

Air cargo recovery continues

2 mins read

The FINANCIAL — The International Air Transport Association (IATA) released September data for global air freight markets showing that air cargo demand, while strengthening, remains depressed compared to 2019 levels. Global demand, measured in cargo tonne-kilometers (CTKs*), was 8% below previous-year levels in September (-9.9% for international operations). That is an improvement from the 12.1%…