IATA have issued their latest air freight market report
Key points include:
- Industry-wide freight tonne kilometres (FTKs) fell by 4.8% year-on-year in June; the 8th consecutive month of negative annual growth.
- The weakness in air freight volumes compared with a year ago remains broad-based across regions, with the largest falls coming from the Middle East and Asia Pacific. Africa was the only region to record positive year-on-year growth this month.
- Growth in industry-wide capacity lifted somewhat in June to a still moderate 2.6% year-on-year. The freight load factor is 3.5 percentage points lower than its level of a year ago.
Follow the link to read the full report.