The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing capacity (measured in available cargo tonne-kilometers, ACTK) was up 13.4 percent compared to April 2022 and 3.2 percent compared to April 2019, marking the first time in three years that the capacity has surpassed pre-COVID levels. “The strong uptick is primarily driven by belly capacity as demand in the passenger business recovers. Adjusting for this, freighter capacity declined 2.3 percent. Preighter operations ceased in March after 2.5 years of continuous activity,” reads the release.
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