Friday, August 5, 2022

African/Latam airlines beat global peers in June cargo volumes

African airlines saw cargo volumes increase 5.7 percent in June 2022 compared to June 2021 compared to global demand which was 6.4 percent lower than June 2021 levels



African airlines introduced additional capacity, which was 10.3 percent above June 2021 levels and significantly more than the global average which was 6.7 percent higher than June 2021 levels, according to data released by the International Air Transport Association’s (IATA).

Latin American carriers reported an increase of 19.6 percent in cargo volumes in June 2022 compared to June 2021. “This was the strongest performance of all regions. Airlines in this region have shown optimism by introducing new services and capacity, and in some cases investing in additional aircraft for air cargo in the coming months. Capacity in June was up 29.5 percent compared to the same month in 2021. Demand for the first half-year was 21.8 percent above 2021 levels and half-year capacity was 32.6 percent above 2021 levels. This was the strongest first half performance of all regions.”

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