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This resulted in the year 2023 concluding just 2.2% below the international traffic level reached in 2022.

Read our monthly digest and stay updated with the latest global air cargo, ocean freight, and ground transportation developments Get insights and logistics market data from all regions. Iata released data for january 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist The international air transport association (iata) released data for january 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist Global inflation rose to 8.7% in 2022 and is likely to pull back to 7% in 2023 (chart 4) Despite some significant monetary policy tightening, inflation remains somewhat stubborn, impacting the real interest rates and affecting debt holders.

Iata jet fuel price monitor shows the jet fuel price for the week ending january 8th was up 41.00% compared with a year ago at $124.8/bbl The impact of jet fuel price developments on 2022’s industry total fuel bill is $124.8 billion.

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