IATA figures find fair weather for freight flow
02 / 03 / 2015
IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand.
Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific and North America due to expanding trade volumes, bouncing back after weaker performance earlier in 2014.
Asia Pacific’s improvements were blunted somewhat as Chinese carriers were hit by a depreciating local currency, leading to a combination of weakness in cargo revenues as well as rising cost pressures.
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