Markets grow modestly in July, says WorldACD

Air cargo markets saw modest growth in July with year-on-year (YOY) weight growth of 1.8 per cent worldwide, according to WorldACD Market Data. The analyst says the industry “did not consolidate the upswing witnessed in June” – when there was YOY growth of almost three per cent. WorldACD says while the southern hemisphere origins of […]

IATA: airfreight markets grow in April

The International Air Transport Association (IATA) says global air cargo markets grew by 3.2 per cent in April. The association says demand measured in freight tonne kilometers (FTKs) rose in the month compared to the same period last year. IATA says yields remained pressured as April freight capacity (measured in available freight tonne kilometers or […]