ACI releases 2012 WATR
Cargo growth remains almost flat for a second year as advanced economies face austerity.
September 12, 2013
ACI World announced the launch of its 2012 World Annual Traffic Report (WATR). The report provides coverage of airport traffic statistics, thematic areas including passengers, cargo (freight and mail), aircraft movements, and new sections.
In the report, Angela Gittens, Director General of ACI World stated: “Traffic in air cargo reveals a different story. As a direct consequence of the slowdown in the growth of the volume of goods and services traded around the world, cargo growth was relatively stagnant for a third year in a row. While macroeconomic conditions were mainly responsible for air cargo’s sluggish revival, microeconomic factors such as competitive pressures from alternative modes of freight delivery also played a role, particularly in a context of uncertain economic times. In the aggregate, cargo volumes were almost flat at 0.5 per cent in 2012 relative to 2011 at 93 million tonnes.”
For the year of 2013 so far, according to ACI statistics, ACI World’s Dr. Rafael Echevarne, noted: “Cargo traffic is expected to show a decline with respect to 2012 levels, mainly driven by low business and consumer confidence in the largest international economies.”