Global air cargo demand dipped 0.1 per cent YoY in February 2025, marking the first decline since mid-2023, despite a 0.4 per cent rise in international demand.
Capacity fell 0.4 per cent, while international capacity grew 1.1 per cent.
Asia-Pacific and Latin America saw demand rise, while the Middle East recorded the sharpest drop.
Inflation concerns persisted, and trade lane performance was mixed.