Air freight in August sees double-digit growth continue

Air freight volumes have risen again, according to WorldACD data. August saw an increase of 12.9%, year-on-year, while direct tonne km rose 14.6%, and revealed that the average length between origin and destination keeps growing. Revenues were also healthy for airlines, rising more than 23% year-on-year, while yields rose $0.15, helped by the strengthening of the euro against the dollar. Asia-Pacific and Europe continue to dominate the growth trends, although France, Australia and the UAE are performing “well below the ...