HomeTravel NewsGlobal Air Cargo Demand Surges 14% as Post-Covid Recovery Solidifies

Global Air Cargo Demand Surges 14% as Post-Covid Recovery Solidifies

Global demand for air cargo services jumped by over 14%, year-on-year, in June, latest monthly figures from the International Air Transport Association (IATA) show.

Total half-year demand increased by 13.4%, year-on-year; compared to 4.3% last year.

“Air cargo demand surged in June. Strong growth across all regions and major trade lanes combined for a record-breaking first-half performance in terms of CTKs. Maritime shipping constraints and a booming e-commerce sector are among the strongest growth drivers. Meanwhile, the sector has remained largely impervious to ongoing political and economic challenges, and the US customs crackdown on e-commerce deliveries from China. Air cargo looks to be on solid ground to continue its strong performance into the second half of 2024,” said Willie Walsh, IATA’s Director General.

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.
Logo

Must Read