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Current Issue

February 2010

Payload Asia Issue Cover

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On the wings of a recovering market

 
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Aiding and abetting

 
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Do you believe carriers who have recently announced unilateral rate increases of anywhere up to 25 per cent will be successful?

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Top Story - Friday, May 29, 2009

Decline slows, but no recovery in sight: IATA

The International Air Transport Association (IATA) has released its international traffic data for April which shows air freight continuing at very weak levels. International cargo was down 21.7% in April compared to previous year levels.
This is the fifth consecutive month in the -20 per cent range. “This sideways progression may indicate that we have seen the worst of the economic downturn,” IATA said in a statement.
“Business confidence is improving, but inventories remain high. Until inventories adjust to more normal levels, air freight volumes will likely continue to bounce along the bottom.”

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Cargo uplift

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