IATA, in a report sent to the News Agency of Nigeria (NAN) by email on Tuesday, said it showed much improvements compared to -1.2 per cent performance in the month of December 2023.

It said that carriers in the region benefitted from strong growth on the Africa-Asia trade lane.

“Capacity in January was 19.4% above January 2023 levels,” IATA said.

The international aviation body said that, “in January, the Africa–Asia and Middle East–Europe trade lanes experienced exceptional YoY growth in international CTKs of 52.5% and 46.1%, respectively”.

CTK represents Cargo tonne-kilometers, which measures actual cargo traffic.

IATA, in the report, said that North American Airlines had the weakest performance of all regions in January with a 9.3% increase (YoY) in cargo volumes.

It, however, said this was an improvement in performance compared to December (2.0%).

“Carriers in the region benefitted from growth on the North America-Asia trade lane

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