Turn in Cargo Brightens IATA’s Cautious Outlook

AINonline
Cargo airlines experienced a gain in volumes shipped in November, following a string of monthly declines. (Photo: Boeing)
January 10, 2013, 11:25 AM

Traffic results for November 2012 released by the International Air Transport Association (IATA) Wednesday showed an improvement in both passenger and air freight demand. Air travel figures rose 4.6 percent for the month year-over-year, compared with October’s rise of just 2.9 percent. Meanwhile, air freight volumes edged up 1.6 percent in November after declining 2.6 percent in October, year to year. Passenger capacity rose 3.2 percent and the average load factor improved one percentage point, to 77.3 percent.

“November brought some positive signs for air transport demand—particularly for air cargo,” said IATA general director Tony Tyler. “It is premature to consider this a turning point for air cargo markets in terms of bouncing back and regaining lost ground. But, when coupled with positive economic developments in the U.S. and an improvement in business confidence in recent months, the conditions are aligning to see a return to growth in 2013. In 2013 we expect that cargo volumes will grow 1.4 percent, and passenger traffic will increase by 4.5 percent worldwide.”

 

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X