Cargo Breaking News
As per the reports, the air cargo capacity in 2024 reached double-digit growth (10 per cent) in 2024. The freighter capacity grew by 8 per cent in 2024, demonstrating the industry’s dependence on the dedicated freighters for carrying out bulk cargo. The air cargo capacity for Asia Pacific-North America trade lane surged 15%, whereas the Asia to Europe route saw an increase of 16 per cent in cargo capacity. The growth in these two lanes was mainly fuelled by the unprecedented demand of e-commerce in the year 2024. The air cargo capacity for Asia-Middle East and Middle East-Europe routes surged 17 per cent and 15 per cent respectively, mainly because of the modal shift from sea to air due to red sea crisis.
