Overview

• IATA reported August passenger demand rose 4.6% year over year with a record 86.0% load factor as capacity increased 4.5%.
• International travel drove the gains, with RPK up 6.6% and accounting for 87% of the net monthly increase.
• Global air cargo demand grew 4.1% and capacity rose 3.7%, marking a sixth consecutive year-on-year increase linked to sea-to-air shifts and stockpiling.
• Regional performance diverged as Asia-Pacific led cargo growth at 9.8% and North American cargo fell 2.1%, with Africa recording the strongest cargo rise at 11.0%.
• AAPA said Asia-Pacific carriers carried 34.3 million international passengers in August, with RPK up 9.1% and air cargo FTKs up 5.4%.