Demand in global air cargo markets continued its strong growth trend in July 2021.
- Global demand, measured in cargo tonne-kilometers (CTKs*), was up 8.6% compared with July 2019. Overall growth remains strong compared to the long-term average growth trend of about 4.7%.
- The pace of growth slowed slightly compared with June which saw demand increase 9.2% (against pre-COVID-19 levels).
- Capacity continues to recover but is still 10.3% down compared with July 2019.
- Economic conditions continue to support air cargo growth.