newstodate.aero
Jul 30, 2007 (newstodate): IATA's fresh traffic results for the first six months of the year, out today, show a modest growth in world cargo.
Freight demand for the first six months of 2007 grew 2.7 percent, well below the 4.6 percent growth recorded for the full year 2006.
While year-to-date demand growth is weaker than forecast, June year-on-year demand for freight grew 4.9 percent.
This is the second consecutive month of strengthening demand for freight, following the 5.0 percent growth recorded in May, and could be indicating a return to historical growth levels in the 5-6 percent range.
Air freight demand growth was led by airlines in the Middle East during the first half of the year at 11.7 percent.
Demand growth in Asia Pacific rose 4.6 percent during the same period although demand surged to 7.4 percent in June following a 7.6 percent increase in May.
Demand growth, 0.7 percent, in Europe was sluggish and contracted in North America, down 1.2 percent, and Latin America, down 3.8 percent.
Freight demand for the first six months of 2007 grew 2.7 percent, well below the 4.6 percent growth recorded for the full year 2006.
While year-to-date demand growth is weaker than forecast, June year-on-year demand for freight grew 4.9 percent.
This is the second consecutive month of strengthening demand for freight, following the 5.0 percent growth recorded in May, and could be indicating a return to historical growth levels in the 5-6 percent range.
Air freight demand growth was led by airlines in the Middle East during the first half of the year at 11.7 percent.
Demand growth in Asia Pacific rose 4.6 percent during the same period although demand surged to 7.4 percent in June following a 7.6 percent increase in May.
Demand growth, 0.7 percent, in Europe was sluggish and contracted in North America, down 1.2 percent, and Latin America, down 3.8 percent.