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Slower freight growth for air cargo

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A forecast from the International Air Transport Association (IATA) 2013-2017 shows that international freight volumes are expected to grow 17% over the next five years. This outlook incorporates a conservative estimate of the recovery in global economic activity.

‘More than $6 trillion worth of cargo is air freighted annually, accounting for around 35% of total world trade. Recently, the relationship between international trade and GDP has broken down, owing to rising trade barriers and ‘on-shoring’ of production. in kick-starting trade growth. To be ready to take advantage of possible opportunities, air cargo needs to work together as an industry to improve its competitiveness and enhance quality.’ said
an IATA spokesman.