What Happened
Air Freight Market Sees Growth Amid Stronger Trade And Manufacturing
Global air cargo demand increased 3.9% year-on-year in July, according to the International Air Transport Association (IATA). This growth was supported by stronger trade and manufacturing activity, although geopolitical tensions and rising fuel costs continued to pose challenges. Dedicated freighters gained market share as belly-hold traffic declined, possibly reflecting demand for larger or specialist shipments. The outlook remains broadly positive, with manufacturing activity, export orders, and global trade expected to support air cargo demand. This report was first published by an unknown source.