Bottleneck fears as cargo growth outpaces airport infrastructure investment
Forwarders and airlines fear new bottlenecks at airports as cargo growth outpaces infrastructure investment. Brandon Fried, ...
IATA has released its air freight figures for November, which feels like a long time ago now. And yes, it was officially busy. Freight tonne kilometres were up 8.8% year on year, and ahead of the 5.8% growth seen in October. The penultimate month ensured that the industry was on track to record its strongest operational and financial annual performance since 2010. And, noted IATA, the PMI reached a seven-year high in the fourth quarter, suggesting that the momentum is continuing.
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