Air Cargo Sees Less Demand November 2022 -IATA

The International Air Transport Association (IATA) released data for November 2022 global air cargo markets showing that demand softened as economic headwinds persist.

Global demand, measured in cargo tonne-kilometres (CTKs*), fell 13.7% compared to November 2021 (-14.2% for international operations).

African airlines saw cargo volumes decrease by 6.3% in November 2022 compared to November 2021. This was an improvement in performance compared to the previous month (-8.3%). Capacity was 11.4% below November 2021 levels.