The air cargo industry is experiencing a mini-boom, driven by the ever-increasing growth in e-commerce and perhaps partly due to the shift away from ocean carriers thanks to the Red Sea crisis. January 2024 saw an 18.4% increase in year-on-year cargo demand, which is the highest increase since the summer of 2021, and cargo ton kms (CTK) for the month even surpassed pre-Covid levels by 2.8%. Having...
