Air cargo up, but IATA tips slowdown

Latest News

Friday, 30 July 2010

International air cargo demand was up by more than 25 per cent in June compared with a year ago and passenger numbers rose more than 10 per cent, according to the International Air Transport Association (IATA).

All regions except Europe reported double-digit increases in passenger traffic, IATA said.

International freight traffic in June was 26.5 per cent higher than a year earlier.

However, IATA head Giovanni Bisignani said the double-digit air cargo growth rates were unlikely to be maintained.

"Business confidence remains high and there is no indication that the recovery will stall any time soon. But with government stimulus packages tailing off and restocking largely completed, we do expect some slowing over the months ahead," he said.