Wednesday, September 6, 2017

Air freight outpaces air travel growth for the third consecutive month in July, says IATA

Air freight outpaces air travel growth for the third consecutive month in July, says IATA

Air freight outpaces air travel growth for the third consecutive month in July, says IATA

Global air freight markets showed that demand, measured in freight tonne kilometers (FTKs), increased by 11.4 percent in July 2017 compared to the same period a year ago, according to the International Air Transport Association (IATA). This was the fourth time in five months that double-digit annual growth was recorded. July’s year-on-year increase in demand is nearly four times higher than the ten year average growth rate of 3.1 percent.

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