Air cargo demand continued to surge despite economic uncertainties: IATA

Air cargo demand continued to surge despite economic uncertainties: IATA

MUMBAI: Air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties and full-year demand reached a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA) in its monthly report. “Global full-year demand in 2023, measured in cargo tonne-kilometers (CTKs), was down 1.9% compared to … Read more

Infosys: TCS, Infosys retain deal momentum amid a challenging scenario

Infosys: TCS, Infosys retain deal momentum amid a challenging scenario

ET Intelligence Group: India’s top two software exporters TCS and Infosys reported a sustained new deal momentum during the seasonally weak December quarter amid economic uncertainties in key markets of the US and Europe. In addition, each of the companies continued to show lower employee attrition and falling headcount which reflects the muted demand outlook … Read more