According to IATA, the Latin American aircraft differed positively from the rest of the companies. Cargo volume increased 3.6% year-on-year.
The planes of Latin America they had the only positive performance in it Freight transport among the other companies in the world last May by registering a 3.6% increase in cargo volumes transported compared to May 2022, according to data provided today by the International Air Transport Association (IATA).
This constituted a performance improvement compared to April (-1.6%), while capacity offered in the warehouse increased by 14.7% compared to the same month in 2022.
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Globally, demand, measured in cargo ton-kilometres (CTK), fell 5.2% compared to May 2022 (-6% for international operations).
The warehouse capacitymeasured by available freight ton-kilometres (ACTK), increased 14.5% year-on-yearmainly driven by cargo capacity on passenger flights, which increases as demand in that sector recovers.
Warehouse capacity is now 5.9% above May 2019 levels, pre-pandemic.
Latin American cargo planes
“The commercial terms for air cargo remain challenging with a 5.2% drop in demand and various economic indicators pointing to weakness,” said Willie Walsh, IATA Director General.
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He added that “the second half of the year, however, should bring some improvements,” because he stressed that “as inflation moderates in many markets, central bank rate hikes are expected to ease.”
He also considered that “this should help stimulate the economic activity with a positive impact on the demand for air cargo”.
Source: Ambito
