African airlines saw 10.6 percent year-on-year demand growth for air cargo in April. "Air cargo demand started Q2 with a solid 11.1 percent increase," says Willie Walsh, Director General, IATA. In recent months, air cargo demand grew even when the Purchasing Managers Index (PMI) was indicating the potential for contraction. April regional performanceAsia Pacific airlines saw 14 percent year-on-year demand growth for air cargo in April – the strongest of all regions. Latin American carriers saw 11.7 percent year-on-year demand growth for air cargo in April.

Source: The North Africa Journal May 29, 2024 23:59 UTC