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Air Cargo Demand up 5.8% in April
The post Air Cargo Demand up 5.8% in April appeared first on TD (Travel Daily Media) Travel Daily Media. Asia-Pacific airlines saw 10.0% year-on-year demand growth for air cargo in April. Capacity increased by 9.4% year-on-year. The post Air Cargo Demand up 5.8% in April appeared first on Travel Daily Media.
The post Air Cargo Demand up 5.8% in April appeared first on TD (Travel Daily Media) Travel Daily Media.
The International Air Transport Association (IATA) released data for April 2025 global air cargo markets. “Air cargo demand grew strongly in April, with volumes up 5.8% year-on-year, building on March’s solid performance. Seasonal demand for fashion and consumer goods—front-loading ahead of US tariff changes—and lower jet fuel prices have combined to boost air cargo. With available capacity at record levels and yields improving, the outlook for air cargo is encouraging. While April brought good news, stresses in world trade are no secret. Shifts in trade policy, particularly in the US, are already reshaping demand and export dynamics. Airlines will need to remain flexible as the situation develops over the coming months,” said Willie Walsh, IATA’s Director General.
Several factors in the operating environment should be noted:
- Year-on-year, world industrial production rose 3.2% in March. Air cargo growth outpaced global goods trade, which increased by 6.5% over the previous month.
- Jet fuel prices dropped 21.2% year-on-year and 4.1% month-on-month, the third consecutive monthly decrease.
- The global manufacturing PMI rose to 50.5 in April, signaling expansion for the fourth consecutive month. However, the PMI for new export orders fell 2.8 points to 47.2, remaining below the 50 threshold for growth.
Air Cargo Demand up 5.8% in April
April Regional Performance
Asia-Pacific airlines saw 10.0% year-on-year demand growth for air cargo in April. Capacity increased by 9.4% year-on-year.
North American carriers saw 4.2% year-on-year demand growth for air cargo in April. Capacity increased by 4.6% year-on-year.
European carriers saw 2.9% year-on-year demand growth for air cargo in April. Capacity increased 3.3% year-on-year.
Middle Eastern carriers saw 2.3% year-on-year increase in demand for air cargo in April, the slowest among the regions. Capacity increased by 5.5% year-on-year.
Latin American carriers saw a 10.1% year-on-year increase in demand growth for air cargo in April, the strongest growth among the regions. Capacity increased 8.5% year-on-year.
African airlines saw a 4.7% year-on-year increase in demand for air cargo in April. Capacity increased by 9.7% year-on-year.
Trade Lane Growth: All international routes experienced growth in April, except for Middle East Europe, Africa-Asia, and intra-European route.
|
Trade Lane |
YOY Growth |
Notes |
Market Share of Industry |
|
Asia-North America |
+1.9% |
2 consecutive months of growth |
24.4% |
2 Air Cargo Demand up 5.8% in April
|
Europe-Asia |
+11.3% |
26 consecutive months of growth |
20.5% |
|
Middle East-Europe |
-4.6% |
N/A |
5.7% |
|
Middle East-Asia |
+6.7% |
2 consecutive months of growth |
7.3% |
|
Within Asia |
+10.0% |
18 consecutive months of growth |
7.0% |
|
North America Europe |
+9.6% |
15 consecutive months of growth |
13.3% |
|
Africa-Asia |
-7.9% |
N/A |
1.4% |
|
Within Europe |
-8.8% |
N/A |
2.0% |
*Share is based on full-year 2024 CTKs.
The post Air Cargo Demand up 5.8% in April appeared first on Travel Daily Media.
