Global air cargo demand showed no signs of slowing down in November as volumes recorded a 13th consecutive month of double-digit growth and load factors hit their highest level since April 2022, according to the latest market analysis by Xeneta.
Demand rose +10 percent year-on-year in November, fuelled by the continued boom in e-commerce, the update added. “This, coupled with only a marginal two percent growth in capacity contributed to global spot rates (valid for one month) also reaching their highest level in nearly two years at $2.90 per kilo, a sixth consecutive month of double-digit year-on-year growth.”
