Preliminary July 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) show healthy growth in air cargo markets, continuing to benefit from robust e-commerce demand and ongoing disruptions in maritime shipping. International air cargo demand, in freight tonne kilometres (FTK), saw a healthy 12.3% year-on-year increase in July while offered freight capacity grew by 11.0%. This led to a 0.7 percentage point increase in the average international freight load factor to 61.1% for the month.
International air cargo demand rose by 15.6% year-on-year, in contrast to the depressed levels seen in the same period last year, highlighted a release.