News / Air cargo: e-commerce still masking the lack of industrial traffic

© Sergei Ianchuk

E-commerce may have pulled air cargo out of a hole in the second half of 2023, but its main driver – industrial activity – remains weak.

Air cargo traffic, capacity and revenues continued to recover in late 2023. According to IATA, world air cargo traffic expanded 8.3% year on year, as measured in cargo tonne-km (CTK), in November, the best month for industry traffic growth since December 2021.

After 17 months of consecutive decline, traffic began slowly growing again in August and ...