Africa records 24.8% growth in freight demand in 2017: IATAJanuary 31, 2018: As per the latest report from IATA, in the regional segment, African carriers’ posted the fastest growth in year-on-year freight volumes, up 15.6 percent in December 2017 and a capacity increase of 7.9 percent. This contributed to an annual growth in freight demand of 24.8 percent in 2017 – the fastest growth rate of all regions. Demand growth outpaced capacity growth by a factor of three. North American airlines saw freight demand increase by 5.4 percent in December 2017 year-on-year and capacity increase of 2.2 percent. This contributed to an annual growth in freight demand of 5.7 percent and a capacity increase of 3.1 percent in 2017.

Source: The North Africa Journal January 31, 2018 12:56 UTC