The African airlines saw their air cargo volumes increase by 3.9% in November 2023, slightly improved compared to October’s +2.9% growth performance.
In terms of Capacity, it was 14.0% above November 2022 levels.
There is also a global increase of 8.3% Air cargo.
The International Air Transport Association (IATA), report released on the 9th of January 2024, has revealed.
According to the report, the global air cargo markets as the strongest year-on-year growth in roughly two years, which is partly due to weakness in November 2022, but also reflects a fourth consecutive month of strengthening demand for air cargo.
It is implicit to note that the Global demand for air cargo, is measured in cargo tonne-kilometres (CTKs), increased by 8.3% compared to November 2022. However, for the international operations, demand growth was 8.1%.
Capacity, measured in available cargo tonne-kilometres (ACTKs), was up 13.7% compared to November 2022 (+11.6% for international operations). Most of the capacity growth continues to be attributable to the increase in belly capacity as international passenger markets continue their post-COVID recovery.
But before now, the Federal Airports Authority of Nigeria (FAAN), and the Aviacargo Team from Nigeria was on a fact-finding visit to Kotoka International Airport Cargo Facilities, as part of its benchmarking efforts in the air cargo business.
The team was led by Olumyiwa Femi-Pearse, the Director of Commercial and Business Development. The Trip was with the Support of the Ghana Civil Aviation Authority (GCAA) and the Ghana Airport Company Ltd (GACL). It also signifies part of the effort by the Nigerian Team to Ramp up Aviacargo Business in Nigeria.
Nigeria is Currently ranked number five in Africa behind Aviacargo Leaders Kenya, Egypt South Africa and Ethiopia. As the biggest economy and the largest population, Nigeria receives over 10 fully loaded freighters weekly and most leaves empty.
To redress this, the Government of Nigeria set up an Aviacargo Roadmap Committee with Ikechi Uko as the coordinator of the project.
He wants the team to make sure the report and Findings are implemented.
This will afford Nigeria the opportunity to learn from People who had earlier learnt from us and would place the country in it rightful position in the world.
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