Global air cargo markets maintained their upward momentum in May 2026, with worldwide demand increasing 6 percent year-on-year, supported by robust trans-Pacific trade flows, resilient e-commerce shipments, and improving business confidence. The latest market data from the International Air Transport Association (IATA) indicates that the sector continues to demonstrate resilience despite geopolitical tensions and an evolving global trade environment. Measured in cargo tonne-kilometres (CTKs), total airfreight demand rose 6 percent compared with May 2025, while international cargo demand grew even faster at 6.5 percent. Capacity also expanded during the month, with available cargo tonne-kilometres (ACTKs) increasing by around 6.2 percent globally, suggesting that airlines have been able to keep pace with rising demand without significantly affecting market balance. The standout performer was the Asia–North America trade corridor, which continued to be the primary engine of growth. Strong demand for cross-border e-commerce, electronics, semiconductors and other high-value manufactured goods helped sustain shipment volumes across the Pacific. Industry observers noted that businesses accelerated inventory movements amid changing trade policies and tariff uncertainties, further supporting air cargo demand. Regional performance remained largely positive. African carriers recorded the strongest year-on-year demand growth at 13.3 percent, followed by North American airlines at 10.5 percent, Asia-Pacific carriers at 8 percent, and European operators at 6.7 percent. Latin American airlines also registered healthy growth. The Middle East was the only region to post a decline, with cargo demand falling 8.9 percent as ongoing geopolitical conflicts continued to disrupt key trade lanes and reduce operational capacity. IATA noted that broader macroeconomic indicators are becoming increasingly supportive for the cargo sector. Lower fuel prices, easing inflation in several major economies and a steady recovery in global manufacturing activity have contributed to improved market conditions. These factors, combined with resilient consumer demand and continued investment in supply chain resilience, are expected to provide a favourable backdrop for airfreight over the coming months. At the same time, the association cautioned that geopolitical developments and trade policy changes remain significant risks. Capacity constraints on certain international routes and disruptions arising from conflicts could continue to reshape cargo flows during the second half of the year. Nevertheless, May's performance reinforces the industry's ability to adapt to shifting market dynamics. With trans-Pacific trade remaining strong and demand for time-sensitive shipments continuing to grow, the global air cargo sector appears well positioned to sustain its recovery, although industry stakeholders will continue to monitor geopolitical and economic developments closely. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!