Air Cargo Demand up 5.8% in April; Passenger Growth Accelerates to 8% in April

The International Air Transport Association (IATA) released data for April 2025 global air cargo markets showing:

•    Total demand, measured in cargo tonne-kilometers (CTK), rose by 5.8% compared to April 2024 levels (+6.5% for international operations). 

•    Capacity, measured in available cargo tonne-kilometers (ACTK), increased by 6.3% compared to April 2024 (+6.9% for international operations). 

“Air cargo demand grew strongly in April, with volumes up 5.8% year-on-year, building on March’s solid performance. Seasonal demand for fashion and consumer goods—front-loading ahead of US tariff changes—and lower jet fuel prices have combined to boost air cargo. With available capacity at record levels and yields improving, the outlook for air cargo is encouraging. While April brought good news, stresses in world trade are no secret. Shifts in trade policy, particularly in the US, are already reshaping demand and export dynamics. Airlines will need to remain flexible as the situation develops over the coming months," said Willie Walsh, IATA’s Director General.

Read the latest Air Cargo Market Analysis


IATA also released data for April 2025 global passenger demand with the following highlights:

•    Total demand, measured in revenue passenger kilometers (RPK), was up 8.0% compared to April 2024. Total capacity, measured in available seat kilometers (ASK), was up 6.5% year-on-year. The April load factor was 83.6% (+1.1 ppt compared to April 2024).

•    International demand rose 10.8% compared to April 2024. Capacity was up 8.5% year-on-year, and the load factor was 84.1% (+1.7 ppt compared to April 2024), the highest ever for April.

•    Domestic demand increased 3.3% compared to April 2024. Capacity was up 3.1% year-on-year. The load factor was 82.7% (+0.1 ppt compared to April 2024).

“April was a positive month for travel. Growth strengthened, especially for international demand which saw record load factors for the month. The return of the transatlantic market to growth is particularly encouraging. But there are some signs of fragility of consumer and business confidence with continued weakness in the US domestic market and a sharp fall in North American premium class travel,” said Willie Walsh, IATA’s Director General.

“As we gather in New Delhi, India for the 81st IATA Annual General Meeting and World Air Transport Summit, it is notable that Indian domestic growth is running at over 10%. The development of India’s air connectivity in recent years has been nothing short of phenomenal, making this year’s gathering a timely and powerful reminder for all on how aviation connectivity drives growth and development,” said Walsh

View the April 2025 Air Passenger Market Analysis