Airfreight demand continues recovery in June

Airfreight demand continues recovery in June

According to the International Air Transport Association (IATA), international scheduled air cargo statistics for June showed continued strong demand growth as the industry recovers from the impact of the global financial crisis.

Compared to June 2009, international scheduled freight traffic showed a 26.5% improvement.

Capacity increased only slightly above demand improvements during the month, keeping load factors in line with historical highs at 53.8%.


International freight demand grew 26.5% in June 2010, down from the 34% recorded in May 2010. May was exceptionally high as some interrupted traffic from April’s ash crisis shifted to May.

Volumes remain 6% above the pre-recession peak in early 2008.

Freight demand continues to follow economic recovery and trade patterns with airlines in Asia-Pacific (up 29.8%), Middle East (up 39.6%), Latin America (up 44.9%) and Africa (up 54%) growing the fastest.

Carriers in North America (up 24.2%) occupy the middle ground.

Europe (15.3%) is growing at half the rate of the fastest growing regions based on slower economic growth. This trend is particularly evident in Europe, which is the only region still between 5% and 6%  below the pre-recession peak. The low value of the Euro will be a help to the region’s exporters and eventually drive up freight volumes.

Market share

International freight traffic market shares by region in terms of FTK are:

  • Asia-Pacific 44.9%
  • Europe 25%
  • North America 15.2%
  • Middle East 10.7%
  • Latin America 2.8%
  • Africa 1.4%
Giovanni Bisignani, IATA’s director general & CEO, commented: "We remain cautiously optimistic. A clear indication of the growing confidence is the over 400 aircraft orders announced at the Farnborough Air Show. This is good news that will bring environmental benefits through improved fuel efficiency. But it will also make the challenge of matching capacity to demand much more difficult."

Quelle: eyefortransport

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