Air cargo industry ends 2025 on a high despite fuel price rise

Global air cargo demand rose by 5.5 per cent in November 2025 compared with the same month a year earlier, as shippers prioritised timely deliveries ahead of the year-end holiday season, according to data released by the International Air Transport Association (IATA).

Total capacity, measured in available cargo tonne-kilometres (ACTK), increased by 4.7 per cent year on year, lagging demand growth.

As a result, the global cargo load factor edged up by 0.4 percentage points to...