Global Air Cargo Demand Soars by 13.6% in July, IATA Reports Record Growth

Global air cargo demand surged 13.6% in July, with IATA reporting record growth despite regional variations. Explore the factors driving this trend.

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Global air cargo demand surged by 13.6% year-on-year, according to the International Air Transport Association (IATA). 

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African airlines experienced a 6.2% growth in July, the lowest among all regions. 

Despite this, global air cargo demand has seen eight consecutive months of double-digit growth, with capacity increasing by 8.3% compared to the same period in 2023. 

This growth was driven by a 12.8% rise in international belly capacity, supported by robust passenger markets. 

IATA Director-General Willie Walsh highlighted the strong performance of the air cargo industry, citing growth in global trade, e-commerce, and capacity challenges in maritime shipping.

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