Flat growth in air cargo demand in Nov; African carriers’ continue to dip: IATAJan 10, 2019: The air cargo demand measured in freight tonne kilometers (FTKs) saw a flat growth in November 2018, compared to the same period the year before, according to latest figures released by industry body International Air Transport Association (IATA). This was the ninth month in a row that capacity growth outstripped demand. While our outlook is for 3.7 percent demand growth in 2019, downside risks are mounting. African carriers saw freight demand decrease by 7.8 percent in November 2018, while capacity shrank 7.4 percent year-on-year. Seasonally-adjusted international air cargo demand has now trended upwards for the past six months helped by stronger trade to/from Europe and Asia.
Source: The North Africa Journal January 10, 2019 07:30 UTC