Air Cargo Declines Moderate in March
The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. • Global demand, measured in cargo tonne-kilometers (CTKs*), fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the […]
JAL to introduce first Freighter in 13 years under new business model
JAL has decided to introduce three Boeing 767-300ER Freighter (dedicated cargo aircraft). This will be the first time in 13 years that JAL will operate its own Freighter, and operations will begin sequentially from the end of fiscal year 2023. JAL has been securing revenues reliably and efficiently in the air cargo business, where demand fluctuates […]
