Global air cargo spot rates increased by 5% in the week ending 25 October, reaching US$3.80 per kg, up 38% year-on-year, according to WorldACD Market Data. Strong demand from Asia-Pacific and South Asia markets, alongside the upcoming Diwali, Thanksgiving, Black Friday and Christmas peaks, is expected to support air cargo demand and create opportunities for Middle East cargo operators amid growing freight flows. Global cargo volumes were up by 2% year-on-year, despite a 2%