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Amid Africa’s 2% global cargo market, region sees 14.2% year-on-year demand growth
The International Air Transport Association (IATA) said Africa, which accounts for 2.0% of the global air cargo market saw 14.2% year-on-year demand growth for air cargo. The clearing house for more than 300 global airlines just released its latest y-o-y analysis of the air cargo market (a very useful barometer of trade) based on capacity (supply) and traffic (demand) in March 2024 stated that demand in Africa–Asia market increased to 22.9%, however, this was a…
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