Air cargo growth will slow in 2025
Air cargo growth is expected to halve in 2025, but the year is still expected to be positive for airlines due to ongoing ocean delays, tight freighter capacity and strong cross-border e-commerce activity, the International Air Transport Association has forecast. International Air Transport Association). According to the International Air Transport Association, cargo traffic is expected to reach 80 million tons, an increase of 5.8% from 2024. Also read: US air traffic controller shortage hampers aviation and air cargo growth The International Air Transport Association (IATA) reports that air cargo demand has increased by 10% to 13% year-on-year this year, depending on whether it is measured in terms of volume or tonnage transported. The surge was largely driven during the pandemic, generating deal volume that nearly approached the fourth-quarter 2021 record. Cargo data provider Xeneta predicts air cargo demand will grow 4% to 6% next year, while consulting firm Rotate expects growth of about 4%, according to IATA's outlook. At the…