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Air Cargo Growth Extends Into September as U.S. Tariffs Recast Trade Lanes

Tariff changes are redirecting freight flows toward EuropeAsia plus intra‑Asia, away from AsiaNorth America.

Overview

  • Global air cargo demand rose 2.9% year over year in September, marking a seventh straight month of growth as capacity increased 3.0%, IATA reported.
  • IATA linked shifting routes to U.S. tariff measures, including the end of de minimis exemptions, with AsiaNorth America volumes down 3.5% for five consecutive months.
  • EuropeAsia traffic grew 12.4% to extend a 31‑month streak, and within‑Asia volumes rose 10.0%, while several other corridors posted mixed results.
  • Africa led regional gains with demand up 14.7%, AsiaPacific rose 6.8%, and North America slipped 1.2% in September.
  • AAPA said AsiaPacific freight tonne kilometres increased 5.0% and international passengers rose 7.1%, and IATA issued 2026 manuals with stricter lithium‑battery rules, expanded Live Animals Regulations, IGOM updates, and new digital tools such as LAR Verify.