Cargo volumes of African Airlines decline: IATA

A new report by the International Air Transport Association (IATA) said African airlines cargo volumes decreased by 1.5 per cent in May 2022 due to several factors, including geopolitical stress, caused by the ongoing Russiawar in Ukraine. Air cargo volumes in Africa decreased by 1.5% in May. Air cargo volumes in Africa decreased by 1.5 per cent in May. The IATA report also explained that global cargo tonne-kilometers was 8.3% below the level recorded in May 2021. Apparently, the war in Ukraine specifically affected cargo capacity in Europe. That is following because many Russian and Ukrainian airlines, major cargo players, were unable to haul freight during the period under review. Also, there was decrease across all markets in May with regards to new export orders, except China. And this was due to the lifting of Omicron lockdown measures.