African airlines had the strongest performance in July 2023 with a 2.9 percent increase in cargo volumes compared to July 2022, according to the latest update from the International Air Transport Association (IATA). "Notably, Africa–Asia routes experienced significant cargo demand growth (10.3 percent). Global demand, measured in cargo tonne-kilometers (CTKs), was a significant improvement over the previous month’s performance (-3.4 percent). Many fundamental drivers of air cargo demand such as trade volumes and export orders remain weak or are deteriorating. July regional performanceAsia-Pacific airlines saw cargo volumes increase by 2.7 percent in July 2023 compared to the same month in 2022.

Source: The North Africa Journal September 05, 2023 15:22 UTC