The outlook for air freight is still healthy, according to IATA.
It feels slightly old now, but the airline association has published its air cargo stats for the three months ending April. And yes, the news has been good for air freight "“ unless, of course, you are a shipper.
Cargo yields were up 4.5%, (seasonally adjusted); freight tonne km up 10.5%; and air freight has gained market share "“ typically a sign of an uptick in an economic cycle as companies need to re-stock quickly. IATA"™s heads of cargo survey saw the score for the yield outlook rise above 50 for the first time in three years. Load factors are rising while freighter capacity growth is 22% lower than last year…
