Cargo volumes shoot up 4% in Q3 2025 despite price dip

Global air cargo volumes increased by 4 per cent in Q3 2025 compared with the same period last year, even as average global rates dipped 3 per cent year-on-year, as per IATA. Cumulatively, year-to-date tonnages are up 4 per cent year-on-year, while overall air cargo rates for this year remain broadly in line with the first nine months of 2024, reflecting consistent demand amid evolving market conditions. Chargeable weight in three months ending September continued the year’s pattern of steady quarterly growth, following increases of over 4 per cent in Q2 and over 3 per cent in Q1.