{"id":109694,"date":"2024-05-01T10:18:25","date_gmt":"2024-05-01T10:18:25","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024"},"modified":"2024-05-01T10:34:03","modified_gmt":"2024-05-01T10:34:03","slug":"global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024","title":{"rendered":"Global air cargo market saw rising demand, capacity, trade across board in March 2024"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>The global air cargo market is seeing increases across the board in its demand, capacity, trade, and industrial production, according to data the International Air Transport Association (IATA) released on Tuesday.<\/p>\n

Total demand climbed 10.3% year-on-year in March 2024, marking the fourth increase in a row.<\/p>\n

As for the global air cargo capacity, it soared 7.3% on an annual basis.<\/p>\n

\u201cThis contributed to a strong first quarter performance which slightly exceeded even the exceptionally strong 2021 first quarter performance during the COVID crisis,\u201d said Willie Walsh, IATA\u2019s director general.<\/p>\n

The IATA report noted that global cross-border trade rose 1.2% and industrial production 1.6% in February.<\/p>\n

It said the manufacturing output Purchasing Managers\u2019 Index (PMI) climbed to 51.9, as well as the new export orders PMI, which rose to 49.5.<\/p>\n

The report highlighted mixed signals on inflation, as rates in the EU fell to 2.6%, and to 2.7% in Japan, though the US saw its inflation rise to 3.5%. Conversely, China\u2019s deflation was noted in the report, as it saw a rate of minus 0.01%.<\/p>\n

\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u201cWith global cross-border trade and industrial production continuing to show a moderate upward trend, 2024 is shaping up to be a solid year for air cargo,\u201d added Walsh.\u200b\u200b\u200b\u200b\u200b\u200b\u200b<\/p>\n

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

Africa-Press – Tanzania. The global air cargo market is seeing increases across the board in its demand, capacity, trade, and industrial production, according to data the International Air Transport Association (IATA) released on Tuesday. Total demand climbed 10.3% year-on-year in March 2024, marking the fourth increase in a row. As for the global air cargo […]<\/p>\n","protected":false},"author":84,"featured_media":109693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6990,6991,11928,3240,11929,711],"class_list":["post-109694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press-2","tag-africa-press-tanzania","tag-global-air-cargo-market","tag-iata","tag-march-2024","tag-tanzania"],"yoast_head":"\nGlobal air cargo market saw rising demand, capacity, trade across board in March 2024 - Tanzania<\/title>\n<meta name=\"description\" content=\"The global air cargo market is seeing increases across the board in its demand, capacity, trade, and industrial producti ...\" \/>\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\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global air cargo market saw rising demand, capacity, trade across board in March 2024\" \/>\n<meta property=\"og:description\" content=\"The global air cargo market is seeing increases across the board in its demand, capacity, trade, and industrial producti ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-01T10:18:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-01T10:34:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2024\/05\/sm_1714543229.65566.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\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\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global air cargo market saw rising demand, capacity, trade across board in March 2024\",\"datePublished\":\"2024-05-01T10:18:25+00:00\",\"dateModified\":\"2024-05-01T10:34:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2024\/05\/sm_1714543229.65566.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"Global air cargo market\",\"IATA\",\"March 2024\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/global-air-cargo-market-saw-rising-demand-capacity-trade-across-board-in-march-2024\",\"name\":\"Global air cargo market saw rising demand, capacity, trade across board in March 2024 - 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