March 2023 global air cargo markets show continued decline against previous year’s demand performance
The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the previous
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