{"id":7102,"date":"2023-05-16T14:27:20","date_gmt":"2023-05-16T14:27:20","guid":{"rendered":"https:\/\/axxessintl.com\/?p=7102"},"modified":"2023-05-16T14:27:20","modified_gmt":"2023-05-16T14:27:20","slug":"global-air-cargo-demand-remained-weak-in-march","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/global-air-cargo-demand-remained-weak-in-march\/","title":{"rendered":"Global air cargo demand remained weak in March"},"content":{"rendered":"

According to data for the month of March released by the International Air Transport Association (IATA) global air cargo demand fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the previous February’s performance (-9.4%) and half the rate of annual decline seen in January and December (-16.8% and -15.6% respectively).<\/p>\n

IATA notes that, at this point, it is unclear if this is a potentially modest start of an improvement trend or the upside of market volatility. Irrespective of this, March performance slipped back into negative territory compared to pre-COVID levels (-8.1%).<\/p>\n

Total cargo capacity was up 9.9% compared to March 2022. The strong uptick in ACTKs reflects the addition of belly capacity as the passenger side of the business continues to recover.<\/p>\n

On a regional basis, Asia-Pacific airlines saw their air cargo volumes decrease by 7.3% in March 2023 compared to the same month in 2022. North American carriers posted the weakest performance of all regions with a 9.4% decrease in cargo volumes in March 2023 compared to the same month in 2022.<\/p>\n

European carriers saw the most substantial improvement in demand in March over the previous month. Airlines in the region saw their air cargo volumes decrease by 7.8% in March 2023 compared to the same month in 2022. This was an improvement in performance versus February (-15.9%). Airlines in the region continue to be most affected by the war in Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to data for the month of March released by the International Air Transport Association (IATA) global air cargo demand fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the previous February’s performance (-9.4%) and half the rate of annual decline seen in January and December (-16.8% and […]<\/p>\n","protected":false},"author":15,"featured_media":3340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[783,125],"types-de-nouvelles":[],"class_list":["post-7102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-iata-en","tag-international-air-transport-association"],"yoast_head":"\nGlobal air cargo demand remained weak in March - Axxess International<\/title>\n<meta name=\"description\" content=\"According to data for the month of March released by the International Air Transport Association (IATA) global air cargo demand fell 7.7% compared to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/axxessintl.com\/en\/global-air-cargo-demand-remained-weak-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global air cargo demand remained weak in March - 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