IATA data shows Air Cargo Demand Improving Despite Challenges — Market Talk

WORLD, Sept. 5 – Data released by the International Air Transport Association show that air cargo demand in July was just slightly below the prior year’s level.

Global demand–measured in cargo ton-kilometers–was 0.8% below July 2022 levels, IATA says, underscoring an improving trend in recent months despite declines in global trade volumes and rising concerns over China’s economy.

“Compared to July 2022, demand for air cargo was basically flat. Considering we were 3.4% below 2022 levels in June, that’s a significant improvement. And it continues a trend of strengthening demand that began in February,” says Willie Walsh, IATA’s Director General.