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Aviation Industry

IATA: Air cargo growth at fastest pace since 2010

IATA: Carga aérea crece a mayor ritmo desde 2010

19/05/2017

Growth in worldwide air cargo traffic reached its highest level in nearly seven years as March FTKs expanded 14% compared to a year ago, according to IATA"™s March Air Freight Market analysis. Freight capacity increased 4.2% during the month, leading to a total market freight load factor of 47.4%, up 4.1 points year-over-year.

"[It] was clearly a very strong quarter "¦ FTKs have grown by 9.7% in annual terms so far this year," IATA senior economist David Oxley said. "In fact, adjusting for the "¦ [2016] leap year, we estimate that the true pace of FTK growth was even faster, closer to 11%."

IATA noted the recent air freight growth trend coincides with broader improvement in world trade conditions as new export orders are reportedly reaching a six-year high.

"Optimism is returning to the industry as the business stabilizes after many years in the doldrums," IATA DG and CEO Alexandre de Juniac said. "There is, however, still much ground to recover while facing the dual headwinds of rising fuel and labor costs."

Carriers in Europe and Asia, which combined carry 61% of the world"™s air freight, had strong showings in March, as freight traffic demand in each region rose 18.2% and 13.6% respectively, year-over-year (YOY). European carrier"™ capacity grew 6.7%, for a 50.8% freight load factor, up 4.9 points YOY. Asia-Pacific carrier"™ freight capacity was up 4.8%; the region"™s freight load factor increased by 4.4 points YOY to 57%.

Air freight growth on Middle Eastern carriers has recovered after an 18-month slump, IATA said. The region"™s carriers showed a 16.3% increase in FTKs during the month, with 2.7% capacity growth, producing a 47.6% freight load factor.

North American freight volumes were up 9.5% in March, on 2.8% YOY capacity growth for a 36.9% freight load factor. North American international freight was up 14.2%, the fastest pace since the US west coast seaport shutdown in early 2015…

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Fuente: http://atwonline.com/airline-traffic/iata-air-cargo-growth-fastest-pace-2010

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