Air cargo closes 2022 near pre-pandemic levels
Global full-year demand in 2022, measured in cargo tonne-kilometres (CTKs), was down only 1.6% (both global and international) compared to 2019
December saw a softening in performance: global demand was 15.3% below 2021 levels (-15.8% for international operations).
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Good news for air cargo is that average yields and total revenue for 2023 should remain well above what they were pre-pandemic. That should provide some respite in what is likely to be a challenging trading environment in the year ahead: Willie Walsh, Director General, IATA
Middle Eastern carriers reported a decrease of 10.7% for global and international demand in 2022 compared to 2021 and an increase in capacity of 4.3%.
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