Air cargo grew by 11.3% in 2024, beats passenger demand: IATA

Air cargo was a standout performer in 2024, growing at 11.3 per cent—outpacing passenger demand. E-commerce expansion and disruptions in sea shipping kept the demand high, with yields at 39 per cent, above 2019 levels. According to an IATA statement, this year is set for another 5.8 per cent growth, but challenges loom: Geopolitical uncertainty, inflation, and potential U.S. policy shifts, including new tariffs. These pressing issues will take centre stage at the IATA World Cargo Symposium (WCS) 2025 in Dubai from the April 15 to 17. Industry leaders will explore how air cargo can navigate an increasingly complex global trade environment. The symposium will feature plenary sessions, specialised tracks, workshops, and executive summits.