IATA has released figures showing that global airfreight volumes increased by 6% in September.
European airlines showed a 12.6 percent increase in freight volumes in September 2016. The European performance corresponds with an increase in new export orders reported in Germany over the last few months.
North American carriers saw freight volumes expand 4.5 percent in September 2016 year-on-year. International freight volumes grew by 6.2 percent, their fastest pace since the U.S. seaports disruption boosted demand in February 2015. The strength of the U.S. dollar continues to keep the United States export market under pressure.
Middle Eastern freight carriers saw demand growth slow for the third consecutive month to 1.2 percent year-on-year in September 2016. Capacity increased by 6.2 percent. Seasonally-adjusted freight growth, which had been trending upwards until the past year or so year, has now stopped.
