IATA has released data for global air cargo performance bongdaso com vn September that shows that the industry enjoyed a continued moderate recovery bongdaso com vn the month.
Global demand, as measured bongdaso com vn cargo tonne km, increased by 1.9 percent compared to September 2022 levels (and was up by 1.6 percent specifically for international operations).
Capacity, as measured bongdaso com vn available cargo tonne km, rose by 12.1 percent compared to September 2022 (and was up by 11.0 percent specifically for international operations).
Growth was largely attributable to the increase bongdaso com vn available international bellyhold capacity, which rose 31.5 percent year on year as airlines scaled up operations to meet peak-northern summer travel season demand, IATA said.
There are concerns that should be noted, however, IATA said. One is the fact that global cross-border trade contracted for the fifth month bongdaso com vn a row bongdaso com vn August, falling by 3.8 percent year on year. This, IATA opined, reflected the cooling global macroeconomic environment.
bongdaso com vn September, the average price of jet fuel was 1 per barrel, representing a 43.1 percent increase from the May 2023 price. Recouping some of this added cost from surcharges bongdaso com vn September contributed to the first increase bongdaso com vn air cargo yields since November 2022.
Willie Walsh, IATA’s director general, remarked: “Air cargo eked out modest growth (1.9 percent) bongdaso com vn September despite falling trade volumes and high jet fuel prices. That clearly shows the strength of air cargo’s value proposition.
“With the key export order and manufacturing PMIs hovering near positive territory, we can be cautiously optimistic for a strong year-end peak season.”
September’s relatively good news followed some similarly positive tidings for August. As part of its air cargo market analysis for that month, IATA noted that demand increased by 1.5 percent year on year bongdaso com vn August, the first annual growth since February 2022.
Air cargo market bongdaso com vn detail – September 2023
1% of industry CTKs bongdaso com vn 2022 2year-on-year change bongdaso com vn load factor 3Load Factor Level
Performance differed across geographical regions, as would be expected.
Asia Pacific airlines saw their air cargo volumes increase by 7.7 percent bongdaso com vn September 2023 compared to the same month of 2022; this was also a significant improvement bongdaso com vn performance compared to August (up by 4.6 percent).
North American carriers had the weakest performance of all the regions, with a 2.2 percent fall bongdaso com vn cargo volumes. This was also a decline bongdaso com vn performance compared to August (of 1.4 percent).
European carriers’ air cargo volumes fell by 1.5 percent year on year bongdaso com vn September. September was a weaker performance than August for European air carriers (down by 0.6 percent).
Middle Eastern carriers had the strongest performance of all, enjoying a 2.5 percent year on year increase bongdaso com vn cargo volumes. This was also an improvement compared to the previous month (of 1.3 percent).
Latin American carriers enjoyed a 2.3 percent increase bongdaso com vn cargo volumes compared to September 2022. However, this was a significant decrease bongdaso com vn performance compared to the previous month (of 6.2 percent).
African airlines saw their air cargo volumes decline by 0.1 percent bongdaso com vn September. This was an improvement bongdaso com vn performance compared to August (down 3.5 percent), however.
Source: https://www.aircargonews.net/business/statistics/iata-reports-small-growth-bongdaso com vn-air-cargo-demand-bongdaso com vn-september/
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