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Air cargo demand continues to grow strongly in May

ISTANBUL: Global air cargo markets continued to grow strongly in demand in May, the International Air Transport Association said on Tuesday. Total demand, measured in cargo ton-kilometers, rose 14.7% from May 2023 - the sixth consecutive month of double-digit year-on-year growth. Capacity, measured in available cargo ton-kilometers, climbed 6.7% from May 2023. Willie Walsh, the group's director general, said: "Air cargo demand moved sharply upwards in May across all regions. "The sector benefitted from trade growth, booming e-commerce and capacity constraints on maritime shipping." Source: Anadolu Agency