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  • Writer's pictureTeam CargoTalk

Middle East carriers see dip in cargo volumes in April


Middle Eastern carriers experienced a 6.8 per cent YOY decrease in cargo volumes in April, marking a decline of 5.5 per cent in performance compared to the previous month, stated IATA in a new report. Capacity increased 10.0 per cent compared to April 2022. Global air cargo markets declined against the previous year’s demand performance, as per data released by IATA. Global demand, measured in cargo tonne-kilometers (CTKs), fell 6.6 per cent compared to -7 per cent (global operations) in April 2022. This decline was an improvement over the previous month’s 7.6 per cent decline. African airlines had the only positive performance in April posting a 0.9 per cent increase in demand compared to April 2022. This was an improvement in performance compared to the previous month (-4.3%). Notably, the Africa to Asia trade route experienced a significant increase in cargo demand in April by 20.0 per cent year-on-year, while capacity was 5.3 per cent above April 2022 levels.

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