Saturday 18th Nov 2017 - Logistics Manager

Air freight demand up 11.4 per cent

Global air freight demand has increased by 11.4 per cent in July 2017 compared to the same time last year.

The increase in demand is almost four times higher than the 10 year average growth rate of 3.1 per cent. Freight capacity grew by 3.7 per cent year-on year in July this year.

“July was a strong month for air cargo with double-digit growth,” said Alexandre de Juniac, IATA’s director general and chief executive. “And for the third consecutive month demand for air freight grew at a faster pace than demand for air travel. While the outlook for the rest of the year remains positive, there are signs that the cyclical growth period may be nearing a peak.”