IATA reveals that demand rose again in November
The International Air Transport Association (IATA) has revealed that in November total demand measured in cargo tonne-kilometres (ctk), rose for the 16th consecutive month, increasing by 8.2% compared to November 2023 levels (+9.5% for international operations).
This makes interesting reading for Davies Turner, with our a strong presence in the expedited international airfreight business, through our subsidiary Davies Turner Air Cargo.
Asia-Pacific airlines saw 13.2% year-on-year demand growth for air cargo in November, the strongest growth amongst the regions, followed by Latin American (+11.6%), North American (+6.9%), Europe (+5.6%) and the Middle East (+3.6%). African airlines registered a 0.7% decrease in demand.
IATA director general Willie Walsh said that: “It was a good November for air cargo. All things considered, we’re looking to close 2024’s air cargo performance on a profitable note. Whilst this strong performance is likely to extend into 2025, there are some downside risks that must be carefully watched.”
For more information about our global air freight forwarding and logistics services, please contact aircargo@daviesturner.co.uk or visit https://www.daviesturner.com/air-freight
IATA reveals that demand rose again in November
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