{"id":22396,"date":"2025-01-11T07:21:13","date_gmt":"2025-01-11T07:21:13","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/iata-reports-8-2-growth-in-air-cargo-demand-for-november-2024\/"},"modified":"2025-01-11T07:21:13","modified_gmt":"2025-01-11T07:21:13","slug":"iata-reports-8-2-growth-in-air-cargo-demand-for-november-2024","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=22396","title":{"rendered":"IATA reports 8.2% growth in air cargo demand for November 2024"},"content":{"rendered":"


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Cargo tonne-kilometers (CTKs) have shown 16 months of growth, with international operations increasing by 9.5%. Credit: supakitswn\/Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

The International Air Transport Association (IATA) has reported an 8.2% increase in global air cargo demand for November 2024 compared to the same month in 2023.<\/p>\n

This growth, spanning 16 months, was measured by cargo tonne-kilometers (CTKs), with international operations seeing a 9.5% rise.<\/p>\n

Capacity also saw an increase, with available cargo tonne-kilometers (ACTKs) growing by 4.6% year-on-year, and 6.5% for international operations.<\/p>\n

Industrial production and global goods trade have both shown positive trends, with industrial production rising by 2.1% in October and global goods trade increasing by 1.6% increase for the seventh consecutive month.<\/p>\n

The Purchasing Managers Index (PMI) for global manufacturing output remained above 50 in November, indicating continued growth. However, the PMI for new export orders stayed below 50, hinting at persistent global trade uncertainties. IATA quoted S&P Global measures of PMI in its market analysis. <\/p>\n

Inflation rates varied across major economies in November, with US headline inflation edging up to 2.7%, the EU experienced a slight increase to 2.5%, and China\u2019s consumer inflation dropping to 0.2%, raising concerns of an economic slowdown, according to IATA\u2019s analysis of the global market situation. <\/p>\n

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