
Global air cargo demand rose by 2.2 per cent year-on-year in May 2025, with international demand up 3 per cent, according to IATA.
Capacity grew 2 per cent, lifting the cargo load factor to 44.5 per cent.
Asia-Pacific led regional growth, while North America declined.
Europe—Asia and Middle East-Asia trade lanes surged, though Asia–North America and Africa–Asia routes saw sharp drops.