According to data for the month of June released by the International Air Transport Association (IATA) global air cargo markets are showing continuing strong annual growth in demand.
Total demand, measured in cargo tonne-kilometers, rose by 14.1% compared to June 2023 levels (15.6% for international operations). This is the seventh consecutive month of double-digit year-on-year growth.
Capacity, measured in available cargo tonne-kilometers , increased by 8.8% compared to June 2023 (10.8% for international operations).
Asia-Pacific airlines saw a 17.0% year-on-year demand growth for air cargo in June – the strongest among all regions while North American carriers saw 9.5% year-on-year demand growth – the weakest among all regions.
European carriers had a 16.1% year-on-year demand growth and Middle Eastern carriers saw a 13.8% year-on-year demand growth
Latin American carriers saw 13.1% year-on-year demand growth and African airlines saw 11.8% year-on-year demand growth.
Source: IATA