Air cargo demand increases by 4.1%: IATA

Air cargo demand grew 4.1 per cent in August, marking the sixth consecutive month of year-on-year growth. Volumes continue to grow even as global trade patterns change. Air cargo has benefitted from a shift from sea for some high value goods as shippers try to minimise the risk of tariff changes,” said Willie Walsh, Director-General, IATA.  And growth patterns indicate some being diverted away from North America, fuelling stronger growth for the Europe–Asia, within Asia, Africa–Asia, and Middle East–Asia trade lanes. “This adaptability is vital as the shippers navigate the evolving landscape of US tariff policy,” Walsh said.