Moderate Air Freight Growth Continues In July

Moderate Air Freight Growth Continues In July

Moderate Air Freight Growth Continues In July

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), rose 2.1 per cent in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of 5.1 per cent.

Freight capacity, measured in available freight tonne kilometres (AFTKs), grew by 3.8 per cent year-on-year in July 2018. This was the fourth time in five months that capacity growth outstripped demand growth, said a release.

Manjula

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