14 November 2022


The International Air Transport Association (IATA) has released data for September 2022 global air cargo markets showing that air cargo demand softened. Global demand, measured in cargo tonne-kilometers (CTKs), fell 10.6% compared to September, but continued to track at near pre-pandemic levels (-3.6%). Capacity was 2.4% above September 2021, but still 7.4% below September 2019 levels.

In terms of regional developments European carriers saw a 15.6% decrease in cargo volumes in September 2022 compared to the same month in 2021. This was on a par with August’s performance (-15.1%). IATA notes that this is attributable to the Russian war in Ukraine, labour shortages and high inflation levels, most notably in Turkey, also affecting volumes. Capacity increased 0.2% in September 2022 compared to September 2021.

Source: IATA