The air cargo spot rates continues to rise sharply amid the highly volatile, unstable and fast-changing situation in the Middle East. As per WorldACD Market Data reports, there has been some recovery in the air cargo markets since the Iran war, with the average spot rates from Gulf countries up 22%.
Global air cargo demand rose in the first full week of February, as freighter capacity from Central and South America normalised after the peak of Valentine’s Day flower shipments and airlines reduced capacity from parts of Greater China ahead of Lunar New Year, said a report.
Worldwide air cargo tonnages are on track for a 4% full-year growth in 2025, after chargeable weight in October recorded another 4% year-on-year (YoY) increase, driven by 9% YoY growth from Asia Pacific origins, according to the latest figures from WorldACD Market Data.
Worldwide total air cargo revenues surged by 3% in 2025 to their highest level since the exceptional Covid pandemic years of 2021 and 2022, thanks largely to a further significant year-on-year rise in chargeable weight to a new record full-year level, according to the latest figures from WorldACD Market Data.