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IATA: Cargo demand at “all time high” but capacity is yet to recover
06 May, 2021

Air cargo volumes in March reached an all-time high for the month, according to IATA in its latest air cargo analysis.

The association said that global air cargo demand, measured in cargo-tonne kilometres (CTKs) was 4.4% higher in March 2021 than in March 2019, which was used for comparison to avoid the "distorted" results in 2020 that reflect the unprecedented impact of Covid-19. Compared with a year ago, demand is up by 22.1%.

IATA said the underlying drivers of air cargo demand remain positive: "The latest monthly PMI surveys indicate that the global demand for exports has been recovering as countries emerge from lockdowns and business activity restarts."

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