The International Air Transport Association (IATA) says the cargo volumes for African airlines increased by 17 percent in January 2024.
The International Air Transport Association says the cargo volumes for African airlines increased year-on-year by 10.6 percent in April 2024.The group said demand on the Africa-Asia market increased by 25.8 percent in the current year compared to April 2023.The group said global air cargo markets had a strong annual growth in demand into the second quarter of the year.
“Globally, the total demand, measured in cargo tonne-kilometers , rose by 11.1 percent compared to April 2023 levels , making it the fifth consecutive month of double-digit year-on-year growth.“It indicates that the capacity, measured in available cargo tonne-kilometers , increased by 7.1 percent compared to April 2023 .”
“While many economic uncertainties remain, it appears that the roots of air cargo’s strong performance are deepening,” Walsh said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CSO tasks African leaders on Pan-African consciousnessA Civil Society Think Tank, 'The Pan African Dialogue Institute (TPADI) has called on African leaders to embrace Pan-African consciousness in their dealings to foster patriotism and stem the tide of corruption ravaging the continent.
Read more »
Celebrating African Creativity: Google partners African Union to launch #DiscoverMyAfricaThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
Cost of healthy diet stands at N1,035 in AprilThe National Average Cost of a Healthy Diet (CoHD) per adult a day stood at N1,035 as of April, the National Bureau of Statistics (NBS) ...
Read more »
NGX: Transactions in equity market dropped by 35% to N346bn in AprilNGX says total transactions on the stock market decreased from N538.54 billion in March to N346.23 billion in April.
Read more »
Prices of rice, garri, tomato, beans, yam rise in April 2024A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »
Food prices rise in April 2024- NBSThe National Bureau of Statistics (NBS), says prices of rice, garri, tomato, beans, yam, and other food items increased in April 2024.
Read more »