IATA: Asia-Pacific airlines' air cargo volumes up by 7.6% in October

KUALA LUMPUR: Air cargo volumes for Asia-Pacific airlines increased by 7.6 per cent in October 2023 compared to the same month in 2022, with carriers in the region benefiting from ongoing growth in international cargo tonne-kilometres (CTKs) on three major trade lanes.

The International Air Transport Association (IATA) today released data for October 2023 global air cargo markets, indicating the third consecutive month of year-on-year growth with global demand CTKs increasing by 3.8 per cent in October 2023 compared to October 2022.