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2024 Air Cargo: Uncertainties & Opportunities

The global air cargo industry saw a 9% annual growth in demand in December 2023, with the global average air cargo spot rate reaching USD 2.60 per kg, up 6% from November. December 2023 data suggests a temporary boost, with a cautious market outlook for 2024 anticipating 1-2% demand growth and 2-4% supply rise. View Xeneta’s analysis here.

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