IATA statistics show that Middle Eastern carriers reported the largest increase in air cargo growth in November 2013, compared to the same month in the previous year. Middle Eastern carriers reported a 16.5 per cent jump in air freight, measured in freight tonne kilometres (FTK). The global average is 6.1 per cent.
IATA said that improvements in advanced economies, including Europe, are proving beneficial to the Middle Eastern air freight carriers. There is also “solid economic and trade growth” in the Gulf.
Indicators show record high export orders in the UAE, which is a good sign well for continued growth in the region’s trade volumes.