Global Air Freight Update: February 2026

Stay informed with regular insights on air freight rates, capacity developments, and global market trends.

Reliable air freight planning requires up-to-date market information. Our monthly Air Freight Market Update offers a concise overview of rate developments, capacity availability, and other relevant market changes. 

Air Cargo Market Insights

Global Air Cargo forecast 2026 WACD expects a 2.7% increase in tonnage, while IATA projects a 2.6% increase in air cargo traffic and a 2.4% increase in cargo.
Sustainable Fuel SAF is projected to account for <1% of total fuel consumption in 2026 — a very low level given the commitment to achieving net-zero CO₂ emissions by 2050.
Market driver The Asia-Pacific, Middle East, and South Asia regions will drive the industry, now accounting for more than half of the global volume.
Development 2025 According to WACD, air cargo volumes increased by 4.3%, and IATA reported an increase of 3.6% to 70.0 million tons of freight carried by air.
Air Cargo Capacity Capacity is expected to remain under pressure due to the backlog of ordered aircraft (B777X-F delivery pushed to 2028; Airbus A350F delivery pushed to late 2027).
Spot-air cargo rates globally Spot rates were in 2025 around 3% YoY down.


For further insights or shipment-specific guidance, speak with one of our local specialists.

Contact our air freight experts

Outlook and Recommendations

For Q1 2026, WACD expects a tonnage increase of around 2.8%.

From China to Western Europe, an increase of around 2% is expected in Q1. Overall, spot rates remain flat.

  • From Asia to Europe
    Higher rates are expected before Chinese New Year. The space situation is tight but manageable with timely bookings. The situation should return to normal right after Chinese New Year.
  • From Asia to North America
    The US market has maintained a steady, albeit off-peak, structural demand.
  • From Europe to Asia
    Capacity, and rates go hand in hand. Good rates are available.
  • From North America to Europe
    Capacity is available, and rates are still low.

In general, planning and flexibility remain essential. Shippers should review lead times, secure capacity in advance when possible, and closely monitor rate changes. Evaluating alternative routes or service levels may help balance cost and reliability.

Gebrüder Weiss recommends maintaining close coordination with logistics partners to assess market changes and adjust transport strategies accordingly. Regular market updates and shipment-specific consultations support informed decision-making and operational stability.

Europe
North America
Asia
Expert Guidance: Europe

Expert Guidance: Europe

“For European trade lanes, proactive planning remains critical. With stable demand patterns and available capacity on westbound routes, businesses should focus on securing competitive rates while maintaining flexibility around post–Chinese New Year normalization.”

Michal Fraj
Gebrüder Weiss Air & Sea Europe

 

Expert Guidance: North America

Expert Guidance: North America

“In North America, structural demand continues despite the off-peak environment. Companies are advised to align booking strategies early and monitor transatlantic rate developments to capitalize on currently favorable market conditions.”

Amna Hazbic
Gebrüder Weiss Air & Sea Americas

Expert Guidance: Asia

Expert Guidance: Asia

“Across Asia-origin markets, early capacity planning ahead of Chinese New Year is essential. Tight space conditions require timely bookings, while dynamic rate developments call for continuous market observation and agile routing decisions.

John Doe
Gebrüder Weiss Air & Sea East Asia