Air cargo demand drops 14% in November: IATA

Global demand, measured in cargo tonne-kilometres (CTKs), declined 13.7 percent in November 2022 compared to November 2021 (-14.2 percent for international operations), according to the latest data from the International Air Transport Association (IATA). "Capacity (measured in available cargo tonne-kilometres, ACTK) was 1.9 percent below November 2021. This was the second year-on-year contraction following the first last month (in October) since April 2022. International cargo capacity decreased 0.1 percent compared to November 2021."