Bangladesh, July 1 -- In its Air & Ocean Lens newsletter, the freight forwarder noted that global air capacity rose 2% year on year in May, with Asia Pacific contributing the bulk of that growth.

However, DGF cautioned that the expansion remains selective, as airlines are prioritizing long-haul, high-yield routes while passenger belly capacity declined 3% year-on-year.

Air cargo demand grew 5% year on year in April and remains up 4% year to date.

Asia accounts for roughly half of global volumes, expanding at 8% over the same period, driven by high-value semiconductor and AI-related equipment shipments.

Global spot rates are holding at approximately USD 3.67 per kilogram, up 48% year on year, sustained by elevated operating costs and ...