AIR cargo demand will grow only 0.7 per cent in 2025, down from earlier 5.8 per cent projections, as US-China trade tensions escalate, reports New York's FreightWaves.
iata expects cargo volumes to reach 76 million tons, down from the December forecast of 80 million tons.
Cargo revenues for member airlines are projected to fall 4.7 per cent to US$142 billion; December's estimate was $157 billion.
Tariffs and the suspension of the de minimis exemption for Chinese goods have curtailed e-commerce air freight to the US.
Yield is forecast to decline 5.2 per cent due to lower oil prices and reduced capacity to pass on fuel surcharges.
The latest figures suggest a weak second half with potential cancellation of the traditional peak season.
April cargo traffic grew 5.8 per cent, but the long-term outlook has dimmed under tariff pressure and shifting trade patterns.
SeaNews Turkey
iata expects cargo volumes to reach 76 million tons, down from the December forecast of 80 million tons.
Cargo revenues for member airlines are projected to fall 4.7 per cent to US$142 billion; December's estimate was $157 billion.
Tariffs and the suspension of the de minimis exemption for Chinese goods have curtailed e-commerce air freight to the US.
Yield is forecast to decline 5.2 per cent due to lower oil prices and reduced capacity to pass on fuel surcharges.
The latest figures suggest a weak second half with potential cancellation of the traditional peak season.
April cargo traffic grew 5.8 per cent, but the long-term outlook has dimmed under tariff pressure and shifting trade patterns.
SeaNews Turkey
