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The International Air Transport Association (IATA) released data for full year 2024 and December 2024 global air cargo market performance showing:
- Full-year demand for 2024, measured in cargo tonne-kilometers (CTK), increased 11.3% (12.2% for international operations) compared with 2023. Full-year 2024 demand exceeded the record volumes set in 2021.
- Full-year capacity in 2024, measured in available cargo tonne-kilometers (ACTK), increased by 7.4% compared with 2023 (9.6% for international operations).
- Full-year yields averaged 1.6% lower than 2023 but 39% higher than in 2019.
- December 2024 brought the year to a close with continued strong performance. Global demand was 6.1% above December 2023 levels (7.0% for international operations). Global capacity was 3.7% above December 2023 levels (5.2% for international operations). Cargo yields were 6.6% higher than December 2023 (and 53.4% higher than in December 2019).
Read more in a press release from IATA.
