Global air cargo demand stagnating: IATA

The latest data from the International Air Transport Association (IATA) shows a further slowdown in global air freight demand in June. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2 per cent compared to a year ago. This is consistent with falling trade activity and weaker than expected global growth. Regional performance […]


air freight demand FTK IATA InternationalAir Transport Association Tony Tyler


The latest data from the International Air Transport Association (IATA) shows a further slowdown in global air freight demand in June. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2 per cent compared to a year ago. This is consistent with falling trade activity and weaker than expected global growth.

Regional performance varied widely. Asia-Pacific, North American and Latin American carriers reported year-on-year declines (-0.3, -3.3, and -1.6 per cent respectively) while European carriers reported that markets were flat. This was offset by the strong performance of Middle Eastern (+15.3 per cent) and African (+6.7 per cent) carriers to keep growth in positive territory.

The general trend of a weaker 2015 compared to 2014 can be seen in the half-year data. Air freight markets expanded by 5.8 per cent in 2014; however year-to-date growth for 2015 stands at 3.5 per cent.

“The half-year report for air cargo is not encouraging,” said Tony Tyler, IATA’s director general and CEO. “With growth of just 1.2 per cent over June last year, markets are basically stagnating. Some carriers are doing better than others at picking up the business that is out there. But overall it has been a disappointing first half of 2015, especially considering the strong finish to 2014.