Key Points
Global full-year demand in 2023, measured in cargo tonne-kilometers (CTKs), was down 1.9% compared to 2022 (-2.2% for international operations)...
Compared to 2019, it was down 3.6% (-3.8 for international operations), said the IATA report..
When Asia-Pacific airlines posted a 0.9% increase in demand in 2023 compared to 2022 (-1.4% for international operations) and a capacity increase of 28.5% (+16.6% for international operations)..
Middle Eastern carriers reported an increase in demand of 1.6% for global and international demand in 2023 compared to 2022 and an increase in capacity of 13.5% (+13.6% for international operations)...
In December airlines in the region posted an 18.3% increase in demand for both global and international operations compared to 2022..