Airlines report cargo volume growth
Airline cargo heads reported growth in airfreight volumes over recent months, according to the International Air Transport Association’s quarterly survey.
This is consistent with freight data and the resumption in growth in business confidence and world trade volumes; 56 percent of respondents expect an increase in demand over the next year.
Cargo yields were reported to have declined at a slightly slower pace in Q2 compared to a year ago. The outlook for cargo yields for the next 12 months has also improved.
While 57 percent of respondents said they expect no change during the year ahead, an increasing proportion believes there will a rise in yields (31 percent).