- Total demand, measured in cargo tonne-kilometers (CTK), increased by 8.5% compared to June 2025 (9.6% for international operations).
- Capacity, measured in available cargo tonne-kilometers (ACTK), increased by 4.4% compared to June 2025 (4.9% for international operations).
“Air cargo demand grew 8.5% year-on-year in June. While North America was the strongest contributor to growth, demand in all regions was in positive territory compared to last year.
Demand growth outpaced capacity at the global level and in all regions except Latin America and the Caribbean. Demand also grew faster than global trade, supported by high-value technology products, and urgent shipments. While this all gives strong reasons for optimism in the second half of 2026, risks remain—continuing hostilities in the Middle East and a renewed focus on tariffs by the US among them,” said Willie Walsh, IATA’s Director General.
- Global trade increased by 5.2% year-on-year.
- Jet fuel prices fell by 20% month-on-month in June but remained 45.8% above year-earlier levels.
- Global manufacturing activity eased slightly in June but remained supportive, while export orders weakened. The Global Manufacturing Output Purchasing Managers’ Index (PMI) fell 0.5 points to 53.0, while the New Export Orders Index remained below the 50-mark for a fourth consecutive month at 49.4. This suggests that air cargo growth was driven by specific trade flows rather than a broad-based increase in global exports.
Air cargo market in detail - June 2026 |
June 2026
(% year-on-year) | World share1 | CTK | ACTK | CLF (%-pt) | CLF (level) |
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| Total Market | 100% | 8.5% | 4.4% | 1.7 | 46.9% | | Africa | 2.1% | 4.7% | -7.1% | 5.4 | 48.1% | | Asia Pacific | 35.8% | 7.9% | 4.3% | 1.8 | 51.8% | | Europe | 21.4% | 6.9% | 3.7% | 1.5 | 50.5% | | Latin America and Caribbean | 2.9% | 3.5% | 9.8% | -2.1 | 33.9% | | Middle East | 13.2% | 5.6% | 2.5% | 1.4 | 46.5% | | North America | 24.6% | 13.1% | 6.2% | 2.5 | 40.7% |
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1% of industry CTK in 2025 |
June Regional Performance
Asia-Pacific airlines saw a 7.9% year-on-year growth in air cargo demand in June. Capacity increased by 4.3% year-on-year.
North American carriers saw a 13.1% year-on-year increase in air cargo demand in June, the strongest performance of all regions. Capacity increased by 6.2% year-on-year.
European carriers saw a 6.9% year-on-year increase in demand for air cargo in June. Capacity increased by 3.7% year-on-year.
Middle Eastern carriers saw a 5.6% year-on-year increase in demand for air cargo in June. Capacity increased by 2.5% year-on-year. While the results for the month were in growth territory, they are skewed to the positive as the comparison is to June 2025 which was particularly weak for carriers in the Middle East as a result of disruptions due to military conflict.
Latin American and Caribbean carriers saw a 3.5% year-on-year increase in demand for air cargo in June, the weakest performance of all regions. Capacity increased by 9.8% year-on-year.
African airlines saw a 4.7% year-on-year increase in demand for air cargo in June. Capacity decreased by -7.1% year-on-year.
Trade Lane GrowthAir cargo performance diverged across major trade lanes in June. Asia–North America recorded the strongest growth, followed by Within Asia, Europe–Asia, and Africa–Asia. In contrast, Gulf-linked corridors remained disrupted by the conflict in the Middle East.
| Trade Lane | YoY Growth | Notes | Market Share of Industry* | |
|---|
| | Africa-Asia | +0.9% | 12 consecutive months of growth | 1.3% | | | | Asia-North America | +14.7% | 5 consecutive months of growth | 23.5% | | | | Europe-Asia | +7.1% | 40 consecutive months of growth | 21.5% | | | | Europe-Middle East | -41.1% | 4 consecutive months of contraction | 5.2% | | | | Europe-North America | 0.0% | | 13.5% | | | | Middle East-Asia | -4.1% | 4 consecutive months of contraction | 7.4% | | | | Within Asia | +7.2% | 32 consecutive months of growth | 7.3% | |
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*Share is based on full-year 2025 CTKs. |