World: Air freight demand rose 3.9% in August, IATA says

IATA released data on Wednesday for global air freight markets showing that August demand rose 3.9% compared with 2015. Capacity (in available freight tonne kilometres) increased by 4.1% in the month over the same period last year. IATA said load factors remained at historically low levels, keeping yields under pressure. "August numbers showed improvements in cargo demand. While this is good news, the underlying market conditions make it difficult to have long-term optimism”, IATA DG Alexandre de Juniac said. “Current global political rhetoric in much of the world is more focused on protectionism than trade promotion”, he added.<br/>