IATA: Positive growth expected for cargo in 2014

However cargo yields are also expected to remain unchanged this year, despite expectations of stronger volume growth.


IATA


According to IATA’s recent survey this year, airline profit expectations is set to remain strong and in line with levels seen since April 2013. Growth in cargo volumes is expected to pick-up over the next 12 months, at rates not seen since mid-2010, which reflects recent improvements in world trade growth and increases in business confidence. In addition, it is also noted that cargo yields are also expected to remain unchanged this year, despite expectations of stronger volume growth.

Input costs are reported to have declined during Q4 2013, mostly as a result of cost cutting measures, costs are expected to remain broadly stable over the next 12 months;