The airline industry recorded a 13.4 percent annual increase in cargo tonne kilometres (CTK) in the first half of 2024. "Boosted by a low 2023 base, strong e-commerce demand and global maritime shipping disruptions, air cargo saw record-breaking H1 performance despite rising trade tensions and policy uncertainty," says the International Air Transport Association (IATA) in its report titled Cargo Operations - 2025 Strategic Priorities Report. International air cargo volumes increased by 15.6 percent year-on-year (YoY) compared to June 2023, supported by all world regions and major trade lanes, the report added. "Airlines registered in the Middle East and Asia Pacific expanded air cargo volumes by 18 YoY and 16.7% YoY, respectively. African and European carriers followed closely with 15.9 percent and 14.2 percent annual growth.
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