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IATA: June air cargo data shows an increase in demand

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IATA: June air cargo data shows an increase in demand
IATA has released data for June of this year which shows global air cargo markets showing continued strong annual growth in demand. A general overview of the month shows that total demand, measured in cargo tonne-kilometres (CTK’s), rose by 14.1% compared to levels in June of last year. Again, in comparison to the same time last year total capacity, measured in CTK’s, rose by 8.8%. ""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,” said Willie Walsh, IATA’s director general. “Maritime shipping constraints and a booming e-commerce sector are among the strongest growth drivers, air cargo looks to be on solid ground to continue its strong performance into the second half of 2024.” Globally, Asian-Pacific airlines saw the largest increase in air cargo demand when compared to the same period in 2023 with an increase of 17%.
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