According to data from the International Air Transport Association (IATA), global air cargo volumes rose 8.5% in April 2017 compared to the year-earlier period.
IATA notes that while this was down from the 13.4% year-on-year growth recorded in March 2017, it is well above the average annual growth rate of 3.5% over the past five years.
All regions, with the exception of Latin America, reported year-on-year increases in demand in April 2017. Airlines in Europe and Asia-Pacific accounted for more than 70% of the annual increase in global freight volumes. North American airlines accounted for much of the rest with Middle Eastern and African airlines also making a positive contribution.
“Demand eased in April. Growth rates, however, are still much more robust than anything we have seen in the last six years,” said Alexandre de Juniac, IATA’s Director General and CEO.< Return