Air cargo growth sustained by Asia

ACI reported another month of sluggish growth in air cargo. But at least the figures are still rising despite the cost of fuel and the troubles encountered by many western economies.

Total freight handled worldwide rose by one per cent in May 2008, compared to May 2007, reflecting the negative effect of stagnant domestic growth – international freight increased by three per cent while domestic dropped by three per cent. Only Asia Pacific had a strong growth, with domestic freight increasing by 10 per cent and international freight by five per cent. The North American region’s results were down by seven per cent for domestic and 2.5 per cent in international freight.