Air cargo demand accelerates

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Demand for air cargo grew 4.5 per cent last year compared to 2013 measured by freight tonne kilometres, according to figures from the International Air Transport Association.

That is an acceleration from the 1.4 per cent recorded in 2013 over 2012.

“After several years of stagnation, the air cargo business is growing again,” said Tony Tyler, IATA’s director general and CEO.

“This is largely being driven by the uptick in world trade over the second half of 2014. Recent concerns over the health of the global economy and a corresponding fall in business confidence have not yet impacted air cargo. But it is a downside risk that will need to be watched carefully as we move through 2015.”

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