Air cargo demand in June continued to show strong growth

June was the seventh consecutive month in which air cargo demand showed year-on-year (y-o-y) growth that was in double-digits, the International Air Transport Association (IATA) has reported. (IATA was the global representative body for the airline industry.) Total y-o-y demand last month grew by 14.1%, while the figure for international demand was 15.6%. Total air cargo capacity increased by 8.8%, y-o-y, while international capacity rose by 10.8%. For the whole of the first half of this year, air cargo demand increased by 13.4%, y-o-y. First half 2024 cargo demand was also greater than in the same period during 2022 (by 4.3%) and even during record-breaking 2021 (by 0.02%).