2024 global air cargo demand rose 13.6% year-on-year, driven by trade expansion and e-commerce growth.

In July 2024, global air cargo demand rose by 13.6% year-on-year, continuing an eight-month streak of double-digit growth, according to the International Air Transport Association (IATA). This increase is driven by global trade expansion and e-commerce growth. While African airlines reported the lowest demand growth at 6.2%, overall industry capacity also increased, suggesting a strong air cargo outlook for 2024 amid ongoing market adaptations.

September 04, 2024
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