
The International Air Transport Association (IATA) released data for August 2026 global air cargo markets showing:
Air cargo demand rose 4.4% year-on-year in August with all regions reporting growth even as capacity was trimmed by 0.1%. Strong demand and higher load factors helped airlines to recoup some of the exceptionally high fuel costs. Yields rose month-on-month for the first time since April, while global goods trade growth continues. Both are positive signs as the year-end peak season comes into view,” said Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist.
Several factors in the operating environment should be noted:
Air Cargo Market in Detail - August 2026
| Total Market | 100% | 4.4% | -0.1% | 2.0 | 46.0% |
| Africa | 2.1% | 3.0% | 14.0% | -3.9 | 36.5% |
| Asia-Pacific | 35.8% | 4.3% | 1.2% | 1.5 | 48.6% |
| Europe | 21.4% | 4.1% | -3.5% | 3.9 | 53.0% |
| Latin America and Caribbean | 2.9% | 5.1% | 3.3% | 0.6 | 34.9% |
| Middle East | 13.2% | 1.0% | 3.3% | -1.0 | 43.1% |
| North America | 24.6% | 6.6% | -2.5% | 3.6 | 42.0% |
(*1) % of industry CTK in 2025 (*2) Year-on-year change in load factor (*3) Load factor level
August Regional Performance
Asia-Pacific airlines saw a 4.3% year-on-year growth in air cargo demand in August. Capacity increased by 1.2% year-on-year.
North American carriers saw a 6.6% year-on-year increase in air cargo demand in August, the strongest performance of all regions. Capacity decreased by 2.5% year-on-year.
European carriers saw a 4.1% year-on-year increase in demand for air cargo in August. Capacity decreased by 3.5% year-on-year.
Middle Eastern carriers saw a 1.0% year-on-year increase in demand for air cargo in August, the weakest of all regions. Capacity increased by 3.3% year-on-year.
Latin American and Caribbean carriers saw a 5.1% year-on-year increase in demand for air cargo in August. Capacity increased by 3.3% year-on-year.
African airlines saw a 3.0% year-on-year increase in demand for air cargo in August. Capacity increased by 14.0% year-on-year.