Air cargo growth shows signs of cooling: Xeneta

The global air cargo market is projected to see 3 to 4 per cent demand growth in 2025 based on current trading conditions, according to industry analysts Xeneta.  “Over the past two months, air cargo benefited from ‘piggybacking’ on global uncertainty, whether through frontloading supply chains or shifting from ocean to air to move goods faster before tariffs took effect,” said Niall van de Wouw, Chief Airfreight Officer, Xeneta. “September’s figures suggest this trend is easing as stability returns to major corridors and global trade becomes less turbulent,” he added. After unexpectedly strong volumes over the summer, September’s data signalled a slowdown as the industry headed into the final quarter. Marking the start of the peak season, September recorded just over 3 per cent year-on-year growth, matching capacity expansion, compared with over 5 per cent growth in July and August. Month-on-month volumes rose by a modest 3 per cent.