In November 2024, global air cargo demand experienced an 8.2pc increase compared to the same month in 2023, marking the 16th straight month of growth.
Cargo capacity also rose by 4.6pc, with international operations seeing slightly higher rates of growth, supporting a strong market performance.
Notable improvements such as lower fuel costs and rising yields indicate a potentially profitable year-end for the air cargo sector, although risks like inflation and geopolitical issues persist.
Overall economic indicators, including industrial production and the Purchasing Managers Index, present a mixed outlook for future trade and cargo operations, with ongoing concerns about global trade uncertainties.
