In June, shipments of AI chips boosted global air cargo demand by 7%.

In June, global air cargo demand rose by 7% year-on-year, primarily due to strong shipments of semiconductors and AI-related hardware, although growth in spot rates slowed to 38% from May's 41%. Despite recent geopolitical tensions affecting rates, demand remains robust, with AI becoming a key market driver, representing less than 10% of total cargo volumes. E-commerce, once a growth engine, is declining, influenced by regulatory changes in the EU. Shippers are increasingly favoring short-term contracts amid market uncertainty, reflecting a cautious outlook on future trends.