IATA (International Air Transport Association) released the information for April air freight. April showed modest growth of 1.4% compared to April 2012. This small improvement may be an indication that economic conditions may be starting to improve.
This small increase helped to offset the 2.6% decline recorded in March compared to the year-ago period. And it continues an 18-month trend of basically no growth in the cargo markets.
“We saw a brief rally in cargo markets at the end of 2012. But that has clearly stalled. Fortunately, the small improvement in April means that economic conditions have not deteriorated to the point of starting a market contraction. And if we look to emerging markets–particularly Latin America and the Middle East—we do see some encouraging signs of growth,” said Tony Tyler, IATA’s Director General and CEO.
Apr 2013 vs. Apr 2012 FTK Growth AFTK Growth FLF International 1.2% 1.2% 49.0 Domestic 2.9% 1.8% 28.7 Total Market 1.4% 1.2% 44.7
YTD 2013 vs. YTD 2012 FTK Growth AFTK Growth FLF International -1.0% -0.3% 48.7 Domestic 2.0% 0.8% 28.7 Total Market -0.6% -0.1% 44.3
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