Air freight volumes continue to rebound
By Splatty • Sep 13th, 2007 • Category: Air Cargo
After a nearly 5 percent increase in June, July freight volumes climbed an additional 5.5 percent according to a latest report from IATA.
* Freight demand continued its recent rebound with 5.5% demand growth in July, up from 4.9% growth in June, and well above the 2.7% growth seen for the first half of 2007. Year to date freight demand has risen 3.8%.
* Middle East carriers led demand growth in freight with 11.1%. Airlines in Asia Pacific boosted global totals with above average freight demand growth of 8.2% in July, reflecting strong levels of economic and trade growth in the region.
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