Liege Airport has reported a “solid” start to the year for its cargo volumes but has concerns about how demand levels may progress as a result of the conflict in the Middle East.
The Belgian airport saw air cargo volumes increase 15.6% year on year over the first three months of 2026 to 342,845 tonnes, while aircraft movements were up 7% to 7,247.
In March, cargo volumes were up 11% and aircraft movements improved by 9%.
Export volumes in the first quarter of the year increased by 20% year on year, the airport said, adding that demand improvements were led by e-commerce, perishables and international logistics flows.
In January and February, the freight traffic figures particularly benefited from an increase in the frequency of Emirates SkyCargo freighter operations through Liege.
However, the airport had concerns about the outlook over the coming months.
“Despite these strong results, the international environment remains uncertain and volatile,” the airport said in a press release.
“Geopolitical tensions, particularly in the Middle East, continue to directly impact logistics flows and the balance of the air transport sector.
“The turbulences are driven by numerous and contradictory factors like the significant increase in air cargo spot rate, the cost of jet fuel, the potential energy crisis, the inflation growth, and the restrictions on airspace.”
The cargo hub added that current growth levels could “rapidly change” in the future as a result of rising fuel prices.
“In this context, Liege Airport is adopting a measured approach for the months ahead,” said chief executive Laurent Jossart.
“While outlook remains positive, 2026 is expected to continue to be shaped by rapid adjustments and demanding market conditions.
“The airport is therefore approaching the remainder of the year with vigilance, while maintaining a reasoned
confidence in the continuation of its growth momentum.”
