Global air cargo traffic rise nearly over?
- Latest News
- Thursday, 16 December 2010
Its chief economist Brian Pearce says he believes inventory restocking has run its course, although he says "booming" economies in Asia plus markets in Latin America will drive continued growth next year.
But growth will be harder to find in 2011, he said.
Overall, IATA says international airfreight traffic grew 24 per cent and revenue rose 30 per cent for the first 10 months of this year compared to 2009.
However, third-quarter 2010 air cargo traffic still was less than third quarter 2007 traffic across the North Atlantic - although south-east Asian Q3 traffic was 40 per cent higher than the corresponding period in 2007.
...
