1-Oct-2014 10:55 AM
Cargo traffic up 5% in Aug-2014: IATA
IATA reports (29-Sep-2014) the following cargo traffic highlights in Aug-2014:
- Cargo traffic (FTKs): +5.1% year-on-year;
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- Africa: +9.2%;
- Asia Pacific: +6.3%;
- Europe: +1.4%;
- Latin America: +1.1%;
- Middle East: +7.8%;
- North America: +5.5%;
- International: +4.8%;
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- Africa: +9.6%;
- Asia Pacific: +6.0%;
- Europe: +1.6%;
- Latin America: +1.7%;
- Middle East: +7.9%;
- North America: +4.5%;
- Domestic: +6.6%;
- Cargo load factor: 43.4%;
-
- Africa: 26.7%;
- Asia Pacific: 54.2%;
- Europe: 42.8%;
- Latin America: 38.1%;
- Middle East: 42.8%;
- North America: 34.2%;
- International: 46.4%;
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- Africa: 27.9%;
- Asia Pacific: 57.3%;
- Europe: 44%;
- Latin America: 41.9%;
- Middle East: 43.2%;
- North America: 37.1%;
- Domestic: 31.4%. [more - original PR] [more - original PR - 2]
IATA: "The outlook for air freight markets has started to look better again, but the extent of future gains could be limited. Latest trade data shows volumes are expanding at a stronger rate than earlier in the year, but still at a slower pace than global economic growth. Business confidence indicates slightly stronger global growth ahead, but improvements have been slow due to the presence of political and economic risks. The European economic recovery, for example, remains fragile and susceptible to the outcomes of the Russia-Ukraine crisis," Source: Company statement, 29-Sep-2014.