IATA data reveals weak global air cargo market in May 2023
The International Air Transport Association (IATA) has released its latest data on global air cargo markets for May 2023, revealing unfavourable market conditions. In May 2023, global demand for air cargo, measured in cargo tonne-kilometres (CTKs), declined by 5.2% compared to the same period in 2022. International operations experienced an even larger drop of 6.0%. […]
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