July showed slow growth in freight:IATA

Overall freight demand was 3.2 per cent lower than July 2011

air freight Asia-Pacific carriers European airlines freight IATA International Air Transport Association July Middle Eastern airlines North American airlines

The July traffic results from the International Air Transport Association (IATA) show slow growth in both freight and air travel. The freight demand in July 2012 was 3.2 per cent lower than it was in the same month in 2011. While Asia-Pacific carriers have experienced virtually no growth in freight traffic since the fourth quarter of 2011, European airlines saw only a one per cent rise in demand since the 2011 fourth quarter and North American airlines had a 3.6 per cent drop in demand. It was only the Middle Eastern carriers that saw a 16 per cent rise in traffic.