IATA reports that strong air cargo growth continued in February

Global air cargo traffic, in year-on-year terms, increased by double digits for the third month in a row, in February, the International Air Transport Association (IATA) has reported. IATA is the global representative body of the airline industry. “February’s demand growth of 11.9% far outpaced the 0.9% expansion in cross-border trade,” highlighted IATA director-general Willie Walsh. “This strong start for 2024 could see demand surpass the exceptionally high levels of early 2022. It also shows air cargo’s strong resilience in the face of continuing political and economic uncertainties.”