Air freight growth stabilises: IATA

The International Air Transport Association (IATA) released figures for air freight markets in April which showed modest growth of 1.4 per cent compared to April 2012


air freight markets April IATA International Air Transport Association Tony Tyler


The International Air Transport Association (IATA) released figures for air freight markets in April which showed modest growth of 1.4 per cent compared to April 2012. This small increase helped to offset the 2.6 per cent decline recorded in March compared to the year-ago period. And it continues an 18-month trend of basically no growth in the cargo markets. “We saw a brief rally in cargo markets at the end of 2012. But that has clearly stalled. Fortunately, the small improvement in April means that economic conditions have not deteriorated to the point of starting a market contraction. And if we look to emerging markets — particularly Latin America and the Middle East — we do see some encouraging signs of growth,” said Tony Tyler, IATA’s director general and CEO.