African airlines report 2.8% decline in cargo demand for June - News Summed Up

African airlines report 2.8% decline in cargo demand for June


For the first half of the year, cargo demand slowed by 4.4 percent while capacity was up 1.6 percent," says the release. African airlines posted a 2.8 percent decline in demand in June 2023 compared to June 2022, according to the latest update from the International Air Transport Association (IATA). While cargo demand was down 6.5 percent in H12023 versus the year-ago period, capacity increased 27 percent. For the first half, cargo demand was down 10.5 percent while capacity dipped 0.7 percent. For the 2023 first half, cargo demand was up 0.9 percent while capacity increased 18 percent.


Source: The North Africa Journal August 08, 2023 11:08 UTC



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