Middle Eastern carriers see 1.4% increase in cargo volumes in August

IATA has released data showing Middle Eastern carriers experienced a 1.4% year-on-year increase in cargo volumes in August 2023.

Image: Emirates Airlines

This was an improvement from the previous month’s performance (-0.1%). The demand on the Middle East–Asia market has been trending upward in the past three months, expanding its year-on-year growth from 1.8% in June to 3.5% in August. Capacity increased 15.7% compared to August 2022.

The data also revealed Africa–Asia routes declined by 1.1% in August following an 11.2% growth in July. Capacity was 3.8% above August 2022 levels.