Global air cargo volumes rose sharply in July, driven by growth on the Asia-Europe trade and front-loading ahead of new US tariffs, reported London's Air Cargo News.
The International Air Transport Association (IATA) said demand in cargo tonne kilometre (CTK) terms increased 5.5 per cent year on year. This marked a strong rebound from the 0.8 per cent rise in June, when US-China tariffs took effect, and lifted the year-to-date growth to 3.1 per cent.
Available CTK capacity rose 3.9 per cent, while the cargo load factor improved by 0.7 percentage points to 45.1 per cent.
iata director general Willie Walsh said the July increase was led by Asia-Europe trade and tariff-driven front-loading, but noted that August figures would offer a clearer view of underlying market conditions.
The association added that some companies had shifted cargo from ocean to air to expedite shipments into the US before new tariffs were imposed.
SeaNews Turkey
The International Air Transport Association (IATA) said demand in cargo tonne kilometre (CTK) terms increased 5.5 per cent year on year. This marked a strong rebound from the 0.8 per cent rise in June, when US-China tariffs took effect, and lifted the year-to-date growth to 3.1 per cent.
Available CTK capacity rose 3.9 per cent, while the cargo load factor improved by 0.7 percentage points to 45.1 per cent.
iata director general Willie Walsh said the July increase was led by Asia-Europe trade and tariff-driven front-loading, but noted that August figures would offer a clearer view of underlying market conditions.
The association added that some companies had shifted cargo from ocean to air to expedite shipments into the US before new tariffs were imposed.
SeaNews Turkey
