Air cargo demand improvements set to continue in 2017

From Air Cargo News 10.1.2017

“The latest statistics from IATA show that air cargo demand in freight tonne km terms increased by 6.8% year on year in November, with Europe and Asia Pacific again leading the way.”

“With demand increasing faster than supply, total market load factors reached 47.2%, a level not seen since March 2015.”

“These events are expected to continue to contribute to future air cargo peak seasons.”

“Air cargo enjoyed a strong peak season in November. And there are encouraging signs that this growth will to continue into 2017, particularly with the shipment of high-value consumer electronics and their component parts.”

“Seasonally-adjusted volumes are now back to the levels reached in 2010 during the post-global financial crisis bounce-back. The increase in demand is captured in the positive outlook from business surveys in the region,” IATA said.

This, of course, is in complete contrast to what the AviaSolutions Report stated last October.

Main image: By Milad A380 (Own work) [CC BY 3.0], via Wikimedia Commons