IATA: May 2026 air cargo demand +6% as Middle East disruption persists; AI/semiconductor demand lifts June growth
IATA’s May 2026 data shows global air cargo demand rising 6.0% year over year, with volumes increasing faster than capacity despite continued Middle East-related disruption. Separately, IATA links a +7% June gain to exceptional semiconductor and AI-linked hardware flows, even as spot rates continue to ease.