Cargo Upturn Clear But Confined

Air cargo volumes rose 4.2 per cent in November compared with a year ago, IATA data has revealed.

Air cargo volumes rose 4.2 per cent in November compared with a year ago, IATA data has revealed.

The body’s latest report also shows the cargo upturn has not been evenly spread.

Ninety per cent of November’s year-on-year growth came from just two regions; Asia Pacific took 55 per cent of the growth and the Middle East 38 per cent. European airlines saw little growth, with a 0.9 per cent rise in freight tonne kilometres (FTK).

IATA said that carriers in North America saw improvement in load factors but their FTKs volumes were flat.

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