Air Cargo Demand Increases In 2014

Air freight traffic grew by 4.5 per cent last year, boosted by a rebound in trade that ended several years of stagnation, according to the latest figures from IATA.

Air freight traffic grew by 4.5 per cent last year, boosted by a rebound in trade that ended several years of stagnation, according to the latest figures from IATA.

In its full year report, IATA confirmed the strongest growth was seen in Asia Pacific (which saw traffic increase 46 per cent) and the Middle East (29 per cent), and the slowest growth rates were in Latin America.

Tony Tyler, IATA director general and CEO, warned however that the industry must remain cautious in 2015.

“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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