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The International Air Transport Association (IATA) released data for September 2025 global air cargo markets showing:
- Total demand, measured in cargo tonne-kilometres (CTK), rose by 2.9% compared with September 2024 levels (+3.2% for international operations).
- Capacity, measured in available cargo tonne-kilometres (ACTK), increased by 3.0% compared with September 2024 (+4.4% for international operations).
“Air cargo demand grew 2.9% year-on-year in September, marking the seventh consecutive month of overall growth. Buried in that growth is a significant alteration of trade patterns as U.S. tariff policies, including the ending of de minimis exemptions, kick in. On one side of the equation, a decline in North America-Asia demand has set in over the last five months. But this has been more than compensated for with strong growth within Asia and on routes linking Asia to Europe, Africa and the Middle East. While many had feared an unwinding of global trade, we are instead seeing air cargo adapting successfully to serve shifting market demands,” said Willie Walsh, IATA’s Director General.
Read more in a press release from IATA.