
Barrington Diesel Club, your source of engine specs and technical data for diesel engines.Essentially, the higher one goes the thinner is the air. If you go high enough a carburetted engine stops working, that's at about 4000 meters or 12,000 feet. Any higher than that you'll need fuel injection. Try climbing a hill at that altitude, and most of us will be puffing and panting after 50 meters or so.
So too diesel engines lose power with altitude; and below is a table with rough corrections we use when testing engines above sea level.