Ukraine war, Omicron variant continue to weigh on air cargo - IATA

The Russia-Ukraine war and the Omicron variant of Covid-19 continued to weigh on air cargo, with global demand measured in cargo tonne-kilometres (CTKs), falling 5.2 percent in March 2022 compared to the same month last year.

Citing its March 2022 data for global air cargo markets, the International Air Transport Association (IATA) said air cargo capacity was 1.2 percent above that of March 2021.