The global air cargo market cruised into 2025 on the back of 14 consecutive months of double-digit growth in demand as volumes climbed +11 percent year-on-year in December and average spot rates finished the year +15 percent higher, according to the latest update from Xeneta.

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A flying start to 2025 but air cargo stakeholders remain cautious
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A flying start to 2025 but air cargo stakeholders remain cautious

Xeneta is forecasting demand growth of +4-6% in 2025, continuing to outpace capacity supply growth of +3-4%.