Strong Cargo Demand Continues in July

The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to July 2019 which followed a normal demand pattern. Global demand, measured in cargo tonne-kilometers (CTKs*), was up 8.6% compared to July 2019. Overall growth remains strong compared to the long-term average growth trend of around 4.7%. The pace of growth slowed slightly compared to June which saw demand increase 9.2% (against pre-COVID-19 levels). … Continue reading Strong Cargo Demand Continues in July