02
May
The International Air Transport Association (IATA) released data for March of global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs), rose by 10,3% compared to March 2023 levels (11,4% for international operations). This is the fourth consecutive month of double-digit year-on-year growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 7,3% compared to March 2023 (10,5% for international operations). “Air cargo demand grew by 10,3% over the previous March. This contributed to a strong first quarter performance which slightly exceeded even the exceptionally strong 2021 first quarter performance during the…