Global Air Freight demand in first-half strongest in seven years - IATA

Posted by Daily Shipping Times on 07-08-2017        Tweet

HAMBURG: Demand for global air freight rose 11 percent in June, lifting first-half growth to the highest since 2010, due to a surge in global trade, the International Air Transport Association (IATA) said recently.

"Air cargo is flying high on the back of a stronger global economy. Demand is growing at a faster pace than at any time since the Global Financial Crisis," said IATA Chief Executive, Alexandre de Juniac.

New global export orders remained close to a six-year high, IATA added.

Air freight demand, measured in freight tonne kilometres, climbed 10.4 percent for the first half. Available capacity rose 5.2 percent in June.