In February 2024, air cargo demand increased 11.9% YoY, marking the third consecutive month of double-digit growth, according to IATA.
Air cargo demand increased 11.9% in February 2024 compared to February 2023, marking the third consecutive month of double-digit year-on-year growth, according to the International Air Transport Association (IATA). Capacity increased by 13.4%, with the rise in international belly capacity accompanying growth in passenger markets driving the expansion. The strong demand growth outpaces the 0.9% expansion in cross-border trade.
April 03, 2024
6 Articles