African airlines record 18.2% annual international cargo growth in May 2024, highest globally

African airlines achieved the highest annual growth rate in international cargo tonne-kilometres (CTKs) among all global regions, with an impressive 18.2% increase in May 2024.

CTKs, a critical metric in the aviation industry, measure air cargo volume by multiplying the weight of the cargo (in tonnes) by the distance flown (in kilometres).

The latest International Air Transport Association (IATA) report, which analyzes the air cargo market for May 2024, highlighted that African airlines not only led in annual growth but also saw a month-on-month increase of 7.2% compared to April 2024, the highest among all carriers globally.

Read more at Nairametrics

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