09/30/2025 | Press release | Distributed by Public on 09/30/2025 03:54
Geneva - The International Air Transport Association (IATA) released data for August 2025 global air cargo markets showing:
"Air cargo demand grew 4.1% in August, marking the sixth consecutive month of year-on-year growth. Volumes continue to grow even as global trade patterns change. Air cargo has benefitted from a shift from sea for some high value goods as shippers try to minimize the risk of tariff changes. And growth patterns indicate some being diverted away from North America, fueling stronger growth for the Europe-Asia, Within Asia, Africa-Asia, and Middle East-Asia trade lanes. This adaptability is vital as shippers navigate the evolving landscape of US tariff policy," said Willie Walsh, IATA's Director General.
Several factors in the operating environment should be noted:
AUGUST 2025 (%year-on-year) | World Share *1 | CTK | ACTK | CLF (%-pt) *2 | CLF (level) *3 |
Total Market | 100% | 4.1% | 3.7% | 0.2% | 44.2% |
Africa | 2.0% | 11.0% | 12.3% | -0.5% | 39.6% |
Asia Pacific | 34.3% | 9.8% | 6.9% | 1.3% | 47.5% |
Europe | 21.4% | 3.2% | 4.2% | -0.5% | 49.2% |
Latin America and the Caribbean | 2.9% | 2.1% | 5.0% | -1.0% | 35.1% |
Middle East | 13.6% | 2.7% | 4.3% | -0.7% | 44.1% |
North America | 25.8% | -2.1% | -1.0% | -0.4% | 38.4% |
(*1) % of industry CTKs in 2024 (*2) Year-on-year change in load factor (*3) Load factor level
Asia-Pacific airlines saw a 9.8% year-on-year growth in air cargo demand in August. Capacity increased by 6.9% year-on-year.
North American carriers saw a 2.1% year-on-year decrease in growth for air cargo in August, the slowest growth of all regions. Capacity decreased by 1.0% year-on-year.
European carriers saw a 3.2% year-on-year increase in demand for air cargo in August. Capacity increased 4.2% year-on-year.
Middle Eastern carriers saw a 2.7% year-on-year increase in demand for air cargo in August. Capacity increased by 4.3% year-on-year.
Latin American carriers saw a 2.1% year-on-year increase in demand for air cargo in August. Capacity increased by 5.0% year-on-year.
African airlines saw a 11.0% year-on-year increase in demand for air cargo in August, the strongest rise of all regions. Capacity increased by 12.3% year-on-year.
Air freight volumes in August 2025 increased significantly across most major trade corridors. Europe-Asia and Within Asia posted robust double-digit growth, while Middle East-Asia, North America-Europe, and Africa-Asia also saw notable gains. In contrast, Asia-North America, Middle East-Europe, and Within Europe recorded declines.
Trade Lane | YoY growth | Notes | Market share of industry* |
Asia-North America | -2.2% | 4 consecutive months of decline | 24.4% |
Europe-Asia | +13.0% | 30 consecutive months of growth | 20.5% |
Middle East-Europe | -0.8% | 1 month of decline | 5.7% |
Middle East-Asia | +7.8% | 6 consecutive months of growth | 7.4% |
Within Asia | +12.4% | 22 consecutive months of growth | 7.0% |
Within Europe | -0.9% | 1 month of decline | 2.0% |
North America-Europe | +7.8% | 19 consecutive months of growth | 13.3% |
Africa-Asia | +8.4% | 2 consecutive months of growth | 1.4% |
*Share is based on full-year 2024 CTKs.
> View August 2025 Air Cargo Market Analysis (pdf)
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Notes for Editors: