IATA: Air Freight Shows Modest Growth for March 2015
The International Air Transport Association (IATA) released data for global air freight markets, showing a modest 1.6% rise in volumes in March compared to a year ago.
The March performance stands in contrast to the strong 12.2% rise reported for February. However, February’s performance, was skewed positively by the both the timing of the Lunar New Year and the labor dispute at US West Coast seaports.
The year over year air freight performance for the first quarter of the year indicates growth of 5.3%.
From Tony Tyler, IATA’s Director General and CEO:
“The air cargo industry is on a solid but unspectacular growth trend. And there is little evidence today that would point towards an acceleration as the year goes on.”
To read the entire press release: IATA
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