Core Insights - The International Air Transport Association (IATA) reported a 4.1% year-on-year increase in global air freight demand for August 2025, with international demand growing by 5.1% [1] - Air freight capacity also saw a year-on-year increase of 3.7%, with international capacity rising by 5.5% [1] Global Market Overview - Global air freight demand (measured in cargo tonne-kilometers, CTK) increased by 4.1% compared to August 2024, while available cargo tonne-kilometers (ACTK) rose by 3.7% [1] - The overall load factor increased by 0.2 percentage points to 44.2% [1] Regional Performance - Africa: Air freight demand grew by 11.0%, the strongest among all regions, with capacity increasing by 12.3% [8] - Asia-Pacific: Demand increased by 9.8%, with capacity up by 6.9% [4] - Europe: Demand rose by 3.2%, and capacity increased by 4.2% [5] - Middle East: Demand grew by 2.7%, with capacity up by 4.3% [6] - Latin America: Demand increased by 2.1%, and capacity rose by 5.0% [7] - North America: Demand decreased by 2.1%, the slowest growth among all regions, with capacity down by 1.0% [4] Trade Lane Analysis - The majority of major trade lanes experienced significant growth in air freight volumes, particularly Europe-Asia and intra-Asia, which saw strong double-digit growth [8] - Asia-North America experienced a decline of 2.2%, marking four consecutive months of decrease [9] - Europe-Asia continued to grow for 30 months, with a year-on-year increase of 13.0% [9] - Middle East-Asia saw a growth of 7.8%, continuing for six months [9] - Intra-Asia recorded a growth of 12.4%, maintaining a 22-month growth streak [9]