Air cargo route linking Middle East and Europe has shown a massive 30.2 per cent annual growth in June 2024, which has contributed to the overall record-breaking first half-year performance of Middle East in the air cargo sector. The data released by IATA for the month of June indicates the Middle East-Europe cargo route has surpassed the Middle East-Asia route in terms of growth. The Middle East-Europe route has experienced 30.2 per cent annual growth, while the second-best performing route for the region was Middle East-Asia route, which grew by 15.1 per cent year-on-year demand. The total demand, measured in CTKs for Middle East region increased to 13.8 per cent, while the ACTKs increased to 6.9 per cent on year-to-year scale. “Air cargo demand surged in June. Strong growth across all regions and major trade lanes combined for a record-breaking first-half performance in terms of CTKs. Maritime shipping constraints and a booking e-commerce are among the strongest growth drivers. Air cargo looks to be on solid ground to continue its strong performance into the second half of 2024,” Willie Walsh, Director General, IATA.
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