Daily Management Review

IATA: Global air cargo traffic increased in October


Global air cargo volume grew by 9.4% in October 2021 compared to the same period in 2019, the International Air Transport Association (IATA) said in a press release.

In September, the same growth rate was 9.1%, the release noted. The October 2021 to October 2020 growth rate is estimated at 13.5%.

"Data for October reflects a generally positive outlook for air cargo," said IATA chief Willie Walsh. However, Walsh noted that the impact from the authorities' response to the Omicron coronavirus strain was of concern because if this held back traffic demand, loading problems would become more acute.

According to the association, the strongest growth in air cargo traffic in October compared to the "pre-October" October 2019 was in Africa (25.9%) and North America (18.6%), with notable growth also seen in the Middle East (9.4%) and Europe (9%). The Asia-Pacific region grew by 3.6% and Latin America saw a decline of 5.8%.

Among others, international air cargo traffic was up 10.4% by October 2019 and up 16.4% by October 2020.

source: iata.org