Improved world trade has given the global air freight market a strong boost. The record growth reflects the robust revival of air cargo which had languished in previous years, analysts say. New data released by the International Air Transport Association (IATA) showed air freight demand, measured in freight tonne kilometres, grew 12.7% in May from the year-earlier period. Asia-Pacific airlines' freight volume expanded 11.3% in May compared with the same period a year earlier while capacity increased 6.2%. European airlines saw freight volume jump 15% and capacity climb 5.7%, while carriers from the Middle East enjoyed a 10.2% increase in freight volume.

Source: Bangkok Post July 06, 2017 23:37 UTC