Global air cargo demand up 11.9% in February

The association said the increase marked the third consecutive month of double-digit year-on-year growth.

KUALA LUMPUR: The global air cargo industry registered a total of 19.7 billion cargo tonne-kilometres (CTKs) in February 2024, representing an increase of 11.9% year-on-year (y-o-y), according to the International Air Transport Association (IATA).

The association said the increase marked the third consecutive month of double-digit y-o-y growth after accounting for a seasonally reduced activity in Asia-Pacific after the Lunar New Year mid-month.