Economy
Air cargo demand continues to grow strongly in May
Total air cargo demand posts 6th consecutive month of double-digit growth in May, says International Air Transport Association
Gökhan Ergöçün |
02.07.2024 - Update : 02.07.2024
ISTANBUL
Global air cargo markets continued to grow strongly in demand in May, the International Air Transport Association said on Tuesday.
Total demand, measured in cargo ton-kilometers, rose 14.7% from May 2023 – the sixth consecutive month of double-digit year-on-year growth.
Capacity, measured in available cargo ton-kilometers, climbed 6.7% from May 2023.
Willie Walsh, the group's director general, said: "Air cargo demand moved sharply upwards in May across all regions.
"The sector benefitted from trade growth, booming e-commerce and capacity constraints on maritime shipping."
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