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Air Cargo Demand Increases in July

According to the International Air Transport Association (IATA), global air cargo markets measured a five percent growth in freight tonne kilometres and a 5.2 percent surge in available freight tonne kilometres, in July.

European and the Middle East air transportation needs rose 7.2 percent and 6.7 percent, respectively, while African carriers observed a 6.8 percent decrease in freight demand – the largest decline in seven years.

As Alexandre de Juniac, director general, IATA, noted, even though July was a very positive month, global trade growth remains sluggish due to strong headwinds on fundamental aspects of the business.