This year is shaping up to be a solid one for air cargo demand and business, according to the International Air Transport Association (IATA).
IATA’s latest monthly figures show air cargo posted its fourth consecutive month of double-digit percentage growth in March; with total demand rising by 10.3% year-on-year.
“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 Covid crisis. With global cross-border trade and industrial production continuing to show a moderate upward trend, 2024 is shaping up to be a solid year for air cargo,” said Willie Walsh, IATA’s Director General.
