Global Cargo Growth Slowed In June

International cargo growth slowed during June, according to IATA. Year-on-year growth in June hit 2.3 per cent, less than half of May’s 4.9 per cent.

International cargo growth slowed during June, according to IATA. Year-on-year growth in June hit 2.3 per cent, less than half of May’s 4.9 per cent.

However, IATA argued that the results for the first half of the year remained encouraging. “Overall growth for the first six months of 2014 stands at 4.1 per cent on the same period in 2013. That is much stronger than the weak 1.4 per cent increase reported for the whole of last year over 2012 levels.”

Tony Tyler, IATA’s director general and CEO, said: “The general improvement in the economic environment is always good news for air cargo. This may not however, be a recovery as usual. There are a lot of risks out there, from conflicts and sanctions to potential national defaults and fear of the Ebola outbreak.”

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