{"id":61320,"date":"2025-02-01T03:27:33","date_gmt":"2025-02-01T03:27:33","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/iata-reports-11-3-increase-in-global-air-cargo-demand-for-2024\/"},"modified":"2025-02-01T03:27:33","modified_gmt":"2025-02-01T03:27:33","slug":"iata-reports-11-3-increase-in-global-air-cargo-demand-for-2024","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=61320","title":{"rendered":"IATA reports 11.3% increase in global air cargo demand for 2024"},"content":{"rendered":"


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IATA projects a 5.8% growth rate for 2025, in line with historical trends. Credit: Jaromir Chalabala\/Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

The International Air Transport Association (IATA) has reported an 11.3% increase in global air cargo demand for the year 2024, exceeding the peak record volumes set in 2021.<\/p>\n

The full-year demand, measured in cargo tonne-kilometres (CTK), increased by 12.2% for international operations compared to the previous year.<\/p>\n

The full-year capacity for 2024, calculated in available cargo tonne-kilometres (ACTK), rose by 7.4% from 2023, with international operations experiencing a 9.6% increase.<\/p>\n

Full-year yields in 2024 averaged 1.6% lower than the prior year but were 39% higher than the pre-pandemic levels in 2019. Global trade in goods also saw an annual growth of 3.6% in 2024.<\/p>\n

IATA anticipates a more moderate growth rate of 5.8% for 2025, aligning with historical trends.<\/p>\n

IATA director general Willie Walsh said: \u201cAir cargo was the standout performer in 2024 with airlines moving more air cargo than ever before. Importantly, it was a year of profitable growth.<\/p>\n

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