Core Insights - The International Air Transport Association (IATA) reported a 4.1% year-on-year increase in global air cargo demand measured in cargo tonne-kilometers (CTK) for August 2025, with international demand growing by 5.1% [1] - Air cargo capacity, measured in available cargo tonne-kilometers (ACTK), increased by 3.7% year-on-year, with international capacity rising by 5.5% [1] Regional Performance - Asia-Pacific airlines experienced a 9.8% year-on-year increase in air cargo demand in August, with capacity growing by 6.9% [1] - North American airlines saw a 2.1% year-on-year decline in air cargo demand, the slowest growth among all regions, with capacity decreasing by 1.0% [1] - European airlines reported a 3.2% year-on-year increase in air cargo demand, with capacity increasing by 4.2% [1] Market Trends - IATA's Director General Willie Walsh noted that the 4.1% growth in air cargo demand marks six consecutive months of year-on-year increases [1] - Despite changes in global trade patterns, cargo volumes continue to grow, driven by shippers' efforts to minimize risks associated with tariff changes, leading to a shift of some high-value goods from sea to air transport [1] - The growth pattern indicates a shift of goods from North America, contributing to strong growth in trade corridors between Eurasia, Asia-Pacific, Africa-Asia, and Middle East-Asia [1]

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]

Core Insights - The International Air Transport Association (IATA) reported a 0.8% increase in total demand measured in cargo tonne-kilometers (CTK) compared to June 2024 [1] Group 1 - The growth in demand indicates a positive trend in the air cargo sector, suggesting potential opportunities for investment in logistics and transportation companies [1] - The increase in CTK reflects a recovery or stabilization in global trade and supply chain activities, which could benefit airlines and freight forwarders [1] - The data may influence market sentiment and investment strategies within the aviation and logistics industries [1]

Core Insights - The International Air Transport Association (IATA) reported a significant increase in global air passenger demand and capacity for April 2025, with passenger demand growing by 8.0% year-on-year and capacity increasing by 6.5% [1] - Global air cargo demand also showed strong growth, with a year-on-year increase of 5.8% in April, supported by seasonal demand for fashion and consumer goods [2] Passenger Transport - In April, the global passenger load factor reached 83.6%, an increase of 1.1 percentage points year-on-year [1] - Domestic air passenger demand grew by 3.3% year-on-year, with capacity increasing by 3.1%, resulting in a slight increase in load factor to 82.7% [1] - International air passenger demand surged by 10.8% year-on-year, with notable growth in the Asia-Pacific region (14.4%) and Europe (9.4%), while North America saw a 5.4% increase despite a 26% drop in first and business class travel demand [1] Cargo Transport - The air cargo sector experienced robust demand growth of 5.8% in April, continuing the strong performance from March [2] - Factors contributing to this growth included seasonal demand, preemptive stockpiling ahead of changes in U.S. tariff policies, and lower aviation fuel prices [2] - Despite positive April data, the impact of U.S. trade policy adjustments poses challenges for global trade, necessitating flexibility from airlines in the coming months [2]

国际航空运输协会（IATA）：4月的总需求（以货运吨公里衡量）较去年同期增长了5.8%，其中国际需 求增长了6.5%。 ...