IATA reports stronger freight growth
Demand for global air freight was up 6.1% in September, IATA reported in its monthly statement. Total capacity increased by 4.7% in the month over the same period last year. IATA said the improved result was partly due to the rush replacement of Samsung Galaxy Note 7 phones. “Demand for air cargo strengthened in September. Although with growth in world trade virtually at a standstill, the air cargo sector still faces some major hurdles,” IATA said. Of the major markets, Europe posted the strongest gains with freight volumes up 12.6%. Asia-Pacific came in second at 5.5% and North America third on a 4.5% lift. Africa saw a 12.7% increase in volumes, but represents only 1.5% of the total market.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-11-04/general/iata-reports-stronger-freight-growth
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IATA reports stronger freight growth
Demand for global air freight was up 6.1% in September, IATA reported in its monthly statement. Total capacity increased by 4.7% in the month over the same period last year. IATA said the improved result was partly due to the rush replacement of Samsung Galaxy Note 7 phones. “Demand for air cargo strengthened in September. Although with growth in world trade virtually at a standstill, the air cargo sector still faces some major hurdles,” IATA said. Of the major markets, Europe posted the strongest gains with freight volumes up 12.6%. Asia-Pacific came in second at 5.5% and North America third on a 4.5% lift. Africa saw a 12.7% increase in volumes, but represents only 1.5% of the total market.<br/>
