Despite being buffeted by several crosswinds, air cargo has managed to steer a course toward a brighter horizon. The various elements at play will be discussed in detail at the forthcoming World Cargo Symposium.
With a double-digit increase in cargo tonne kilometers (CTK) in 2024, the sector now comprises 15.6% of industry revenues compared with 12% in 2019. The market has grown across all regions and major routes. With global trade and GDP growth stable at about 3%, a solid 2025 is in the offing. In fact, IATA estimates revenues will reach $157 billion based on a 6% hike in demand.
