IATA: Air cargo demand up 9.4% in October

The International Air Transport Association (IATA) released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that the capacity constraints have eased slightly. Global demand, measured in cargo tonne-kilometres (CTKs), was up 9.4% compared to October 2019 (10.4% for international operations). Capacity constraints have eased slightly but remain 7.2% below pre-COVID-19 levels (October 2019) (-8.0% for international operations). Economic conditions continue to support air cargo growth but are slightly weaker than in the previous months. Several factors should be noted: Supply chain disruptions and the resulting delivery delays have led