The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent drop in demand.

According to the latest industry analysis by Xeneta-owned CLIVE Data Services, in December, chargeable weight fell 8% year on year and the general airfreight spot rate registered its largest year on year decline of 35%. Capacity in December 2022 recovered to 93% of the 2019 level.

CLIVE’s ‘dynamic load factor,’ which measures the volume and weight perspectives, declined seven percentage points year on year to 57% and was five percentage points below the figure for December 2019.

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