By Phong Le
The year 2025 marks a significant turning point for the global air freight industry. According to the International Air Transport Association (IATA), the growth in the volume of air cargo is projected to reach only 0.7% compared to the previous year, a sharp drop from the 12% growth seen in 2024. This decline raises the question: is this a temporary cool-down or the beginning of a long-term rebalancing in the industry?