Air Cargo Demand & Utilization 2019-2023
Credit: LATAM Cargo
Cargo carrying activity, as measured by cargo ton-kilometers (CTKs), was 4% lower in 2023 than in the previous year; in 2024, global CTKs are forecast to return to 2022 levels. Meanwhile, utilization in flight hours for dedicated cargo carriers in 2023 was only 2% off 2022 and 2021 annual figures...
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