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Global air freight demand expects seven-year high

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The rise in air freight demand in November puts the air cargo industry on track for the strongest performance since the post-global financial crisis rebound in 2010, IATA said.

The growth in freight demand comes despite indicators pointing to air cargo having passed a cyclical peak, IATA said.

Available freight capacity rose 4.0 percent in the month, marking the 16th consecutive month of demand growth exceeding capacity growth, which is positive for industry load factors, yields, and financial performance, IATA said. Load factors increased by 2.2 percentage points to 49.1 percent.