air freight demand

Global air cargo demand stagnating: IATA

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The latest data from the International Air Transport Association (IATA) shows a further slowdown in global air freight demand in June. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2 per cent compared to a year ago. This is consistent with falling trade activity and weaker than expected global growth. Regional performance varied widely. Asia-Pacific, North American and Latin American carriers reported year-on-year declines (-0.3, -3.3, and -1.6 per cent … [Read more...] about Global air cargo demand stagnating: IATA

Asia Pac carriers see continued cargo growth

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Preliminary traffic figures for the month of July released today by the Association of Asia Pacific Airlines (AAPA) show continued growth in both air freight demand and international passengers. Asia Pacific airlines saw a 6.4 per cent growth year-on-year in air freight demand supported by what the AAPA described as "encouraging growth in demand for exports from major regional manufacturing hubs". In an encouraging sign, for the third consecutive month, the expansion in capacity … [Read more...] about Asia Pac carriers see continued cargo growth

Air cargo upturn underway, but “fragile”

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Signs of a clear, but fragile recovery in air cargo demand are being driven by companies restocking inventories which have run low, the International Air Transport Association (IATA) said on Thursday. But this pick up would remain “fragile” as long as economic recovery is driven by the inventory cycle, and not by increased consumption and business investment, IATA warned. International air freight demand was 11.3 per cent lower in July than the same month in 2008, a considerably … [Read more...] about Air cargo upturn underway, but “fragile”