In August 2024, global air cargo demand surged by 11.4% year-on-year, marking the ninth consecutive month of double-digit growth, with international operations seeing 12.4% growth. Capacity increased by 6.2%, driven by a 10.9% rise in international belly capacity due to strong passenger markets. Yields rose by 11.7% compared to 2023, supported by steady global trade and e-commerce growth. Regionally, Asia-Pacific experienced the highest demand growth at 14.6%, while North America had the lowest at 4.8%. All regions reported increased capacity, with notable performances in Europe and the Middle East.

Source: https://www.stattimes.com/air-cargo/ninth-straight-month-of-double-digit-growth-for-air-cargo-in-august-1353388