newstodate.aero
DEC 16, 2004 (newstodate): In its latest forecast, IATA expects the world's air cargo volumes to grow by six percentduring 2004-08.
IATA also expects this year's air cargo to see double-digit growth in 2004, increasing by 10.1 percent.
The freight growth forecasted through 2008 relies heavily on Asia-Pacific with markets linked to China and India expected to growth most rapidly.
Europe to Asia-Pacific will be the fastest growing market with 7.0 percent annual growth.
Traffic within Asia Pacific and between the Middle East and Europe will also be above the global average at 6.1% percent.
IATA also expects this year's air cargo to see double-digit growth in 2004, increasing by 10.1 percent.
The freight growth forecasted through 2008 relies heavily on Asia-Pacific with markets linked to China and India expected to growth most rapidly.
Europe to Asia-Pacific will be the fastest growing market with 7.0 percent annual growth.
Traffic within Asia Pacific and between the Middle East and Europe will also be above the global average at 6.1% percent.