The International Air Transport Association (IATA) released data for June 2026 air cargo markets showing that Middle Eastern carriers saw a 5.6% year-on-year increase in demand for air cargo in June. Capacity increased by 2.5% year-on-year.
While the results for the month were in growth territory, they are skewed to the positive as the comparison is to June 2025 which was particularly weak for carriers in the Middle East as a result of disruptions due to military conflict.
Globally, demand increased by 8.5% compared to June 2025 while capacity increased by 4.4% compared to June 2025. While North America was the strongest contributor to growth, demand in all regions was in positive territory compared to last year.
Willie Walsh, IATA’s Director General said: "Demand growth outpaced capacity at the global level and in all regions except Latin America and the Caribbean.
"Demand also grew faster than global trade, supported by high-value technology products, and urgent shipments. While this all gives strong reasons for optimism in the second half of 2026, risks remain—continuing hostilities in the Middle East and a renewed focus on tariffs by the US among them.”
Meanwhile, global trade increased by 5.2% year-on-year while jet fuel prices fell by 20% month-on-month in June but remained 45.8% above year-earlier levels.
Global manufacturing activity eased slightly in June but remained supportive, while export orders weakened. The Global Manufacturing Output Purchasing Managers’ Index (PMI) fell 0.5 points to 53.0, while the New Export Orders Index remained below the 50-mark for a fourth consecutive month at 49.4.
This suggests that air cargo growth was driven by specific trade flows rather than a broad-based increase in global exports.
Air cargo performance diverged across major trade lanes in June. Asia–North America recorded the strongest growth, followed by Within Asia, Europe–Asia, and Africa–Asia. In contrast, Gulf-linked corridors remained disrupted by the conflict in the Middle East.
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