{"id":58104,"date":"2023-11-10T17:03:28","date_gmt":"2023-11-10T17:03:28","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth"},"modified":"2023-11-10T17:17:05","modified_gmt":"2023-11-10T17:17:05","slug":"air-cargo-demand-sustains-moderate-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth","title":{"rendered":"Air cargo demand sustains moderate growth"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>African airlines\u2019 air cargo volumes declined marginally by 0.1% in September 2023, despite the strong growth of demand on the Africa-Asia trade lane, which was up 12.8%. This was an improvement in performance compared to August (-3.5%).<\/p>\n

Meanwhile, capacity for airlines on the continent was 2.7% above September 2022 levels, the latest figures from the International Air Transport Association (IATA) show. The global air cargo markets\u2019 data released for September 2023 shows continuing demand recovery.<\/p>\n

The IATA numbers indicate that global demand, measured in cargo tonne-kilometres (CTKs), increased by 1.9%, compared to September 2022 levels. Capacity, measured in available cargo tonne-kilometres (ACTKs), was up 12.1%, compared to September 2022.<\/p>\n

\u201cGrowth was largely related to international belly capacity, which rose 31.5% year-on-year, as airlines scaled up operations to meet peak northern summer travel season demand,\u201d they added.<\/p>\n

In a statement released this week, IATA said in September, both the manufacturing output Purchasing Managers Index or PMI (49.7) and new export orders PMI (47.7) saw a slight improvement, compared to the previous month.<\/p>\n

However, IATA stressed these statistics remained below the critical 50-point threshold, indicating a continuing but slightly slower annual decline in global manufacturing production and exports.<\/p>\n

\u201cAir cargo eked out modest growth (1.9%) in September, despite falling trade volumes and high jet fuel prices. That clearly shows the strength of air cargo\u2019s value proposition. With the key export order and manufacturing PMIs hovering near positive territory, we can be cautiously optimistic for a strong year-end peak season,\u201d said IATA\u2019s director general, Willie Walsh.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. African airlines\u2019 air cargo volumes declined marginally by 0.1% in September 2023, despite the strong growth of demand on the Africa-Asia trade lane, which was up 12.8%. This was an improvement in performance compared to August (-3.5%). Meanwhile, capacity for airlines on the continent was 2.7% above September 2022 levels, the latest […]<\/p>\n","protected":false},"author":84,"featured_media":58103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,236,233],"class_list":["post-58104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nAir cargo demand sustains moderate growth - Namibia<\/title>\n<meta name=\"description\" content=\"African airlines\u2019 air cargo volumes declined marginally by 0.1% in September 2023, despite the strong growth of demand o ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air cargo demand sustains moderate growth\" \/>\n<meta property=\"og:description\" content=\"African airlines\u2019 air cargo volumes declined marginally by 0.1% in September 2023, despite the strong growth of demand o ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-10T17:03:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-10T17:17:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1699623745.055202.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"469\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Air cargo demand sustains moderate growth\",\"datePublished\":\"2023-11-10T17:03:28+00:00\",\"dateModified\":\"2023-11-10T17:17:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1699623745.055202.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/air-cargo-demand-sustains-moderate-growth\",\"name\":\"Air cargo demand sustains moderate growth - 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