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Strong performance underpinned by booming e-commerce and continuing capacity constraints on maritime shipping.

Asia-Pacific airlines saw 17.6% year-on-year demand growth for air cargo in July – the strongest of all regions.

Demand on Africa–Asia market increased by 37.5% compared to June 2023, strongest performance of all trade lanes.

Asia-Pacific airlines saw 17.8% year-on-year demand growth; demand on Africa-Asia trade lane zoomed 40.6%

Air cargo demand continues strong growth into Q2, says IATA in its monthly update

This is the third consecutive month of double-digit year-on-year demand growth.

The industry therefore experienced the highest annual growth in cargo tonne-kilometers (CTK) since the 2021 summer season.

Full-year air cargo demand reached a level just slightly below 2022 and 2019

Asia-Pacific airlines saw cargo volumes increase 13.8% in November 2023 compared to November 2022

Cargo yields up 2.6% month-on-month in October after a continuous 17-month decline, well-above pre-pandemic levels

Capacity, measured in available cargo tonne-kilometres, was up 12.1% compared to September 2022

Asia-Pacific airlines saw cargo volumes increase by 4.9% in August 2023 compared to the same month in 2022