Latest Air Cargo Numbers Show Sharp Growth in May - News Summed Up

Latest Air Cargo Numbers Show Sharp Growth in May


• Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.7% compared to May 2023 levels (15.5% for international operations). • Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 6.7% compared to May 2023 (10.2% for international operations). “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. • Industrial production and global cross-border trade increased month-on-month in April (0.5% and 1.5% respectively).


Source: The North Africa Journal July 02, 2024 08:48 UTC



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