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  • Writer's pictureTeam CargoTalk

Global demand in FTK forecast 2% lower than 2019 levels: ICAO




Accrording to the ICAO, (International Civil Aviation Organisation), global demand expressed in Freight Tonne-Kilometres (FTK) is forecast to be around 2 percent below 2019 levels for the full year 2024. This decline is mainly reflective of anticipated reductions in demand due to overall economic weakness worldwide.


“The aspirational goals agreed upon by governments towards the decarbonisation of air transport by 2050 are supporting the environmental sustainability of the recovery and future development of the global air transport network,” remarked ICAO Secretary General Juan Carlos Salazar. “This is further driven by initiatives led by ICAO to accelerate the development and implementation of the technologies, operational improvements, and cleaner aviation energies that decarbonisation requires. ICAO’s latest air traffic forecasts are promising for global development and a reminder that the global community must accelerate its sustainability efforts, particularly to assure the production and deployment of sustainable aviation fuels in sufficient quantities.” Cargo traffic expressed as FTK in 2023 is estimated to be 3 percent below 2019 pre-pandemic levels reflecting the world economy.

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